Remove Community Development Remove Finance Remove Public Policy
article thumbnail

From Impact Investing to “Impact-First” Investing—What Is the Field Learning?

NonProfit Quarterly

But if the goal is to build a solidarity economy or foster a structural shift in the economy so that US business owners of color have the same ability to finance and develop thriving businesses as White business owners, then investor willingness to sacrifice some degree of financial return for social impact is required.

article thumbnail

How to Interrupt the Public Funds to Private Profits Pipeline: A California Story

NonProfit Quarterly

In California, public banks are barred from competing with local financial institutions. Instead, public banks partner with local banks to expand community-driven impacts. These regulations, while important for safeguarding both private and public funds, can also slow the process of establishing a public bank.

Insiders

Sign Up for our Newsletter

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

article thumbnail

A Political Roadmap to Social Housing: How Do We Win?

NonProfit Quarterly

Politicians are influenced by money as much as or, frankly, often much more than votes, and public policy is the product of calculating trade-offs between the two. Policy changes without accompanying operational support and infrastructure are like trees without roots.

article thumbnail

Co-op Federation Seeks to Shift Worker Co-op Movement into a Passing Gear

NonProfit Quarterly

In Chicago, speakers surveyed the growth of the past 20 years while setting forth goals to bring worker co-ops fully into the economic mainstream through movement infrastructure, public policy, and culture building. Increasingly, worker co-ops are making public policy gains.

article thumbnail

A Banker’s Case for Public Banking

NonProfit Quarterly

Why a Banker Became a Public Banking Advocate If we want to close the racial wealth gap, we need to get serious about public banking. If you had asked me 20 years ago about public finance, I doubt I could have told you what a public bank was. How did I come to adopt this position? percent of overall wealth.

article thumbnail

From Owing to Owning: How Communities Can Control Commercial Land

NonProfit Quarterly

As for initiatives underway in the Twin Cities and Los Angeles, both efforts are nascent, but both groups also appear to have developed a strong set of partners, making these efforts promising. Paul, tells Duranti-Martinez, for public policy to go beyond funding community ownership “experiments.”

article thumbnail

Economic Justice: Nonprofit Leaders Speak Out

NonProfit Quarterly

Nelson Colón of the Puerto Rico Community Foundation, and Clara Miller, president emerita of the Heron Foundation—come from philanthropy. Worker-owned co-ops and benefit corporations are additional public policy frameworks for a just economy. The other five work for nonprofit intermediary organizations.