Remove Community Development Remove Education Remove Nonprofits
article thumbnail

MacKenzie Scott Gives $65 Million to National Community Development Group

The Chronicle of Philanthropy

By Maria Di Mento Rupert Whiteley Amos House, a Rhode Island nonprofit supported by the Local Initiatives Support Corporation, offers a culinary arts education program as part of its mission to narrow racial health, wealth and opportunity gaps. veterans and their families.

article thumbnail

How Nonprofits Can Leverage Their Financial Relationships to Advance Justice

NonProfit Quarterly

Image credit: Getty Images on Unsplash Consider a food bank discovering that its operating reserves are in banks that finance industrial agriculture, the very system contributing to food insecurity and displacing small community farms. How can nonprofits and movement groups convert community desires into meaningful financial action?

Finance 123
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Nonprofits Need Equity Too: The Case for Providing “Enterprise Capital”

NonProfit Quarterly

Credit: Morgan Housel on Unsplash The funding landscape for nonprofits has undergone a seismic shift. Todays model for funding nonprofits and social enterprises is fundamentally broken. This means providing funding with the purpose of investing in the capacity of nonprofits to invest in their own enterprises.

article thumbnail

How Limited Equity Co-ops Can Sustain Affordable Homeownership

NonProfit Quarterly

One tool that is available to nonprofit housing developers to address this situation is the limited equity cooperative (LEC). Opportunities and Challenges LECs offer significant opportunities for community development practitioners and more importantly for low- and moderate-income households seeking to own a home.

article thumbnail

Busting the Overhead Myth

NonProfit Leadership Alliance

How can nonprofits convince stakeholders to invest in capacity building? Capacity building is whatever is needed to bring a nonprofit to the next level of operational, programmatic, financial, or organizational maturity, so it may more effectively and efficiently advance its mission into the future. What can I do?

article thumbnail

Scott Resumes Giving Away Millions In Large Chunks

The NonProfit Times

Coastal Enterprises in Brunswick, Maine received $25 million, the Nonprofit Finance Fund was awarded $22 million, and Craft3 in Seattle announced it received $15 million. This is Scott’s second grant to LISC, one of the nation’s largest community development organizations.

Finance 93
article thumbnail

US Nonprofit Sector Documents Its Own Powerlessness, but What Will We Do?

NonProfit Quarterly

Nonprofits canand ought toengage in a wide range of civic and election-related activities. Since 1973, I have started or led 14 nonprofit enterprises in the arts, community development, and civic engagement sectors. After all, 501c3 nonprofits cannot endorse candidates for public office.