article thumbnail

What’s Next for Community Development Finance?

NonProfit Quarterly

Posters at the conference highlighted that the first OFN conference in 1985 attracted 21 community development 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. Advocates won big here.

article thumbnail

Financial Sustainability for Nonprofits: 4 Considerations

Ann Green

Effective financial management is critical for your nonprofit to grow and thrive long-term. By Jon Osterburg If you work for a new nonprofit, your team’s primary goal is probably to get your operations off the ground and start furthering your mission. Explore four considerations for achieving financial sustainability.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How Nonprofits Can Leverage Their Financial Relationships to Advance Justice

NonProfit Quarterly

Image credit: Getty Images on Unsplash Consider a food bank discovering that its operating reserves are in banks that finance industrial agriculture, the very system contributing to food insecurity and displacing small community farms. The answers lie in finances transformative potential to drive systemic change. And why should they?

Finance 118
article thumbnail

When Nonprofit Boards Meddle: The Dangers Of Micromanagement

Bloomerang

When board members blur the lines between governance and management, they inadvertently sabotage the organization. The nonprofit sector is already a high-pressure environment, and when boards meddle in daily operations, it creates chaos, demoralizes leadership, erodes culture, and derails mission-critical activities.

article thumbnail

From Microfinance to Mutual Aid—Moving Resources to People, Not Banks

NonProfit Quarterly

A small but powerful example is provided by Apoyo Mutuo Kelluwn-Rekulluwvn (Kelluwn-Rekulluwvn Mutual Aid), a groundbreaking nonprofit initiative from Maple Microdevelopment , developed in 2014 at the invitation of the Mapuche-Lafkenche Indigenous communities of coastal wetland Lake Budi, southern Chile, and Northern Patagonia.

article thumbnail

Building Our Power: Advancing Climate Justice through Regenerative Finance

NonProfit Quarterly

Image credit: Min An on Pexels This is the second article in NPQ ’s series, Just Transition: Liberating Finance to Build a Better World. Regenerative finance is all about taking intelligent risks to advance a solidarity economy more effectively in ways that responsibly mitigate the climate crisis with communities at the helm.

Finance 140
article thumbnail

4 Nonprofit Financial Management Challenges (& Solutions)

Get Fully Funded

When you start a nonprofit, one of the most important things to figure out is how to manage your organizations finances. However, nonprofit accounting is often more complicated than it sounds. As your organization expands and evolves, many complexities can arise, making financial management more difficult for your team.