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What Is a Community Development Corporation?

NonProfit Quarterly

Image credit: coffeekai on istock.com Community is one of humanity’s great achievements. Yet community development corporations , a $28 billion sector of over 6,200 nonprofits that support local community economic development, are largely invisible in the national conversation.

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Building Public Support for Employee Ownership: Lessons from Colorado

NonProfit Quarterly

A recent study found that employee-owned businesses, defined as employee ownership of at least 30 percent of business shares, which all employees having access to owning, are more productive, grow faster, and are less likely to go out of business than non-employee-owned businesses. million active employee-owners.

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How Land Banks and Community Land Trusts Can Partner for Racial Justice

NonProfit Quarterly

The idea that land banks and community land trusts (CLT) might both benefit by working more closely with each other is more than a decade old. Public entities with unique governmental powers, land banks acquire vacant, tax-delinquent properties that are causing harm , improve them, then dispose of the properties to support community goals.

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How Climate Migration and Adaptation Is Reshaping Lives

NonProfit Quarterly

In the US, the federal government is already compensating Indigenous tribes to relocate. The local government claims that clay extraction pits dug by the kumars have stripped the riverbanks of its sturdy top layer of soil, leaving them more susceptible to the erosion caused by climate change.

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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. Financial guarantees are a powerful tool, yet they are underutilized in the social sector. One confounding challenge is low field awareness.

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

NonProfit Quarterly

A salient example is of organizations that are focused on community development but invest in mass incarceration. Liquidity policies help organizations understand the resources needed to carry out ongoing operating activities, but even liquid assets can be managed with an eye towards mission.

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How to Eliminate the Myth of Meritocracy and Build the World We Deserve

NonProfit Quarterly

Co-produced with the Movement for Black Lives (M4BL), this series examines the many ways that M4BL and its allies are seeking to address the economic policy challenges that lie at the intersection of the struggle for racial and economic justice. These racist stories then shape our policies for years and years.