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Posters at the conference highlighted that the first OFN conference in 1985 attracted 21 communitydevelopment loan funds with a combined $27 million in assets under management. Between 2014 and 2022 alone, assets under management in the CDFI sector expanded more than sevenfold. billion in assets by 2022.
Image credit: Yuet Lam-Tsang Editors’ note: This article is from Nonprofit Quarterly Magazine ’s summer 2023 issue, “Movement Economies: Making Our Vision a Collective Reality.” W hat would a nonprofit sector that pursued economic justice look like? The other five work for nonprofit intermediary organizations. Two of them—Dr.
From the roots of racial capitalism to the psychic toll of poverty, from resource wars to popular uprisings, the interviews in this column focus on how to write about the myriad causes of oppression and the organized desire for a better world. It counts to them as managing risk responsibly. SD: We tend to romanticize community banks.
A Government of National Unity As a response to the dwindling support, the ANC agreed to form a coalition government. So, what should we expect from President Cyril Ramaphosa’s Government of National Unity? percent of the country’s 63 million people living in poverty, gross domestic product growth that slowed to 0.6
Editors’ note: This article is from the fall 2022 issue of the Nonprofit Quarterly , “The Face of Climate Change,” and was first published on May 1, 2022. The costs of resource extraction for Native American communities are hard to overstate. The fourth community is the Crow Nation, with 2.2 Cargill Philanthropies.
Mississippi has a rich culture, but for generations, its Black communities have experienced health inequities intertwined with discrimination, poverty, and racial exclusion. TAGI grows and sells fruit and vegetables while centering community engagement. Some Black farmer co-ops, however, predate the formation of MAC.
My whole trajectory through the nonprofit sector and analysis of race and power comes from working with those organizations and having the reality of that work hit up against the visions for liberation that I had. And we knew that poverty and racism were deeply entrenched, and that takes more than three years. I kept thinking, yes!
In the series, urban and rural grassroots leaders from across the United States share how their communities are developing and implementing strategies—grounded in local places, cultures, and histories—to shift power and achieve systemic change. I also come from a family of grocery workers and managers.
Without access to quality childcare, many parents cannot work full time and become trapped in a cycle of poverty. The need to develop more childcare businesses is obvious, but how to build and sustain viable childcare businesses is not. What can be done to address this gap? Coastal Enterprises, Inc.,
The complex is modest, but it houses an estimated 27 primarily immigrant-led small businesses and nonprofits. What makes the strip mall unique is its community ownership. Each community also has its own specific reasons for seeking community ownership. percent poverty rate (as of 2001).
Image credit: Yannick Lowery / www.severepaper.com Editors’ note: This article is from Nonprofit Quarterly Magazine ’s fall 2023 issue, “How Do We Create Home in the Future? But how would they know what the community needs?” Two things changed how wealth was managed. Reshaping the Way We Live in the Midst of Climate Crisis.”
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.
“RULER OF THE EARTH” BY YUET-LAM TSANG Editors’ note: This article is from Nonprofit Quarterly Magazine ’s summer 2023 issue, “Movement Economies: Making Our Vision a Collective Reality.” How do social movements come to make the language of economic systems change their own? Nonprofits often play quasi-governmental roles.
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
Image Credit: cottonbro studio on pexels.com It’s not often that a body of work comes along that makes us ask big questions about the nonprofit sector. Claire Dunning’s new book, Nonprofit Neighborhoods , is one. In it, she not only traces the development of the nonprofit sector.
Image credit: AmnajKhetsamtip on iStock Communitydevelopment financial institutions (CDFIs) have emerged as pivotal players in bridging financial gaps in underserved communities. They often operate as nonprofit loan funds, credit unions, or community-focused banks. million businesses nationally.
From the roots of racial capitalism to the psychic toll of poverty, from resource wars to popular uprisings, the interviews in this column focus on how to write about the myriad causes of oppression and the organized desire for a better world. It has been really beautiful to watch this local communitydevelop a choir.
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