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Banking and Community: A Conversation with Oscar Perry Abello

NonProfit Quarterly

Oscar Perry Abello: In my work as an economic justice correspondent at Next City, I had written all these stories about credit unions, community banking, and CDFIs [ Community Development Financial Institutions ]. It is often cheaper working with a local community bank than a national CDFI loan fund.

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How to Align Assets with Mission: Small Steps That Nonprofits Can Take

NonProfit Quarterly

Many in the nonprofit sector look at their income statements (also known as the “profit and loss” report), but unless you’re a chief financial officer or perform a similar role, you may spend far less time looking at your organization’s overall financial position.

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Will Impact Investing Support Employee Ownership? Here’s What the Data Say

NonProfit Quarterly

According to Lyon and Menter, worker cooperatives, which are growing in number rapidly , create wealth less quickly, but they are very effective at building worker power, are deeply democratic, and—unlike ESOPs—are rarely sold to non-employee-owners. They also include legal mechanisms that prohibit sale.

Finance 111
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2024 Nonprofit Voter Guide

MNA Association

We also know that partnering with government and the public sector is critical to advance our missions and build thriving communities. Senator, I meet regularly with Montana nonprofits and work to make sure that our government is partnering with them to serve local communities. As Montana’s senior U.S.

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Community Ownership of Real Estate: A Los Angeles Story

NonProfit Quarterly

At a recent professional dinner, I struck up a fascinating conversation with a woman who has spent her legal career working in civil rights, housing, and community development. I once heard a CDFI leader remark that when the borrowers we need in the community don’t exist, we as CDFIs need to go out there and create them.

Finance 112
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Philanthropy Must Move from Charity to Solidarity

NonProfit Quarterly

These movements’ leaders—usually grassroots volunteers who I view, too, as philanthropists—have demonstrated solidarity in their non-monetary philanthropy. As a result of the movements of the 1960s, the US government and nonprofit agencies strengthened social safety nets.

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3 Reasons Your Boss Didn’t Approve Your Social Media Budget and Plan

Pam Moore

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