Remove Finance Remove Law Remove Nonprofit governance and management Remove Public Policy
article thumbnail

Unlikely Advocates: Worker Co-ops, Grassroots Organizing, and Public Policy

NonProfit Quarterly

Image Credit: Yuet Lam-Tsang In August 2018, the first legislation explicitly naming worker-owned cooperatives—the Main Street Employee Ownership Act—became United States federal law. Up to this point, legislation for most worker co-ops was not a priority; federal policy wasn’t even a pipe dream. Until it was.

article thumbnail

Meet the New Global Tax Haven, the United States

NonProfit Quarterly

A year ago, Charles Rettig, the Internal Revenue Service (IRS) Commissioner, compared the taxes that the US federal government should collect, at current tax rates, with what it does collect. The gap, he contended in testimony to the US Senate Finance Committee, approached, or even exceeded, $1 trillion a year.

Law 124
Insiders

Sign Up for our Newsletter

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

article thumbnail

Economic Justice: Nonprofit Leaders Speak Out

NonProfit Quarterly

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.

article thumbnail

How Dollar Store Kudzu Consumes Local Economies—And What to Do About It

NonProfit Quarterly

But to respond effectively, it is important to understand dollar stores’ growing importance, how communities are responding, and how public policy might better support community-based businesses. Even store managers earn a very modest average annual salary of $40,000. What can be done about this pattern? Quite a bit.

Retail 123
article thumbnail

From Owing to Owning: How Communities Can Control Commercial Land

NonProfit Quarterly

The complex is modest, but it houses an estimated 27 primarily immigrant-led small businesses and nonprofits. A nonprofit, the East Portland Community Investment Trust , serves as the owner and lead manager and developer of the property, and for a monthly subscription fee of $10 to $100, nearby residents can become owners themselves.

article thumbnail

The Promise of Impact Science

Stanford Social Innovation Review

We looked at spending across the social impact sector; including government , global and domestic philanthropy, and S-themed ESG assets under management; and found that globally we are spending an extraordinary amount of money—roughly $72 trillion annually—making social spending the world’s largest financial market. .”

article thumbnail

Cancelling Student Debt Is Necessary for Racial Justice

NonProfit Quarterly

For decades, student loans have been a huge moneymaker for the federal government, which holds over 90 percent of all student debt in the US. Black women struggle to manage repayment. And it’s worsened over the past decade, during which $700 billion—over 40 percent—of student debt accumulated.