Stories

Economic Development

  • Fighting Stubborn Poverty Numbers

    Despite improving employment numbers, the U.S. Census Bureau announced Wednesday the poverty rate in 2014 remained virtually unchanged from 2013 – its fourth consecutive year of statistical stagnation. At 14.8 percent, 46.7 million Americans lived in poverty last year (defined as $24,230 or less for a family of four). There has also been negligible change in income for three years in a row,...

    Martin Eakes
  • Essentials of Impact Investing: A Guide for Small-Staffed Foundations

    The Mission Investors Exchange , a national membership group of mission investing organizations, published Essentials of Impact Investing: A New Guide for Small-Staffed Foundations to offer advice, tools and real-world examples to help foundations shape effective investing strategies. For insight on building the capacity of community development financial institutions, MIE...

  • How Small Foundations Can Achieve Outsized Impact

    A foundation doesn’t need a large staff to make program-related investments (PRIs) that advance its mission. Investing through intermediaries l ike c ommunity development financial institutions (CDFIs) can increase philanthropic impact by generating measurable benefits and modest financial returns while recycling philanthropic capital.

    With their expertise for re-lending and...

  • Jackie Jones: Examples of Jeremiah Group's Work

    Jacqueline Carroll Jones has more than 20 years of organizing experience with the Jeremiah Group and the Industrial Areas Foundation. Before becoming an organizer, Jones taught regular and special education classes in the Jefferson Parish public school system for 23 years. She also served as Intervention Coordinator for the parish’s only special education alternative high school program....

  • K10: How Women Are Rebuilding the Gulf Coast

    Ten years ago, Hurricane Katrina spawned the need for new construction and a skilled workforce all over the Gulf Coast. It also exacerbated already dire economic situations for low-income women in Mississippi. The Moore Community House , which serves low-income women and children in east Biloxi, found a way to address both of those needs when it launched its Women in Construction (WinC)...