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A Social Movement Requires Momentum

Stanford Social Innovation Review

This speaks directly to the central paradox: While the traditional approach to money management is part of the problem in philanthropy and impact investing, chosen strategies have also played an outsized role in where we are. What if DAFs and foundations relied on fund allocators and managers who are proximate to communities and their issues?

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How Philanthropy Can Show Up for an Arts Solidarity Economy

NonProfit Quarterly

As Eliya Imtiaz, former managing editor of the “Michigan in Color” section of the Michigan Daily , put it last year, “Similar to most ideals in this country, the current notion of DEI heightens the façade that everything occurs on an individual level.” Artists are essential to any vision that calls the future into question.

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Getting Federal Money to Communities: A Story from Puerto Rico

NonProfit Quarterly

Image credit: Christian Ouellet on istock.com Financing challenges often stymie nonprofits. Executive Director Luis Gallardo calculated that the nonprofit would need half a million dollars in the best-case scenario and, more likely, a million dollars to reach the first milestones. Yet even after having been awarded an $11.2

Finance 99
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How Guarantees Can Advance Community Development and Racial Equity

NonProfit Quarterly

While many foundations screen their endowment investments based on environmental, social, and governance factors, only a few optimize their investment strategies for mission impact. There is, however, a way for nonprofits to gain greater access to “flexible” capital and for foundations to generate a financial return.

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Activists Gather to Advance Solidarity Economy Organizing

NonProfit Quarterly

It was a smaller autonomous school called the School of Social Justice and Community Development. Ultimately, this self-questioning convinced Akuno that changing ownership of the economy was critical to liberation; that there had to be a pivot in strategy toward cooperatives and toward the construction of a solidarity economy.

Education 136
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Building a City of the Future by Restoring Its Past: A Story from Black Memphis

NonProfit Quarterly

The interview that follows explores the history of the Clayborn Temple, the project to restore it, and the vision of Troutman and her colleagues to use the temple as a hub for developing a community-based economy in Memphis that i s Black-owned, Black-governed, and which sustains a thriving culture rooted in the Black imagination.

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Seeding Solidarity Economies: What’s Behind the Emerging Ecosystems

NonProfit Quarterly

Back in 2019, I published a study on what I called “cooperative cities” in which I wrote about how local governments in a dozen US cities create enabling environments for developing and sustaining worker cooperatives. Only a handful of municipal leaders at the time referred to this work as “community wealth building.”

Finance 89