Ownership Economy
Clegg Auto | Photo credit: Clegg Auto
Ownership Economy | May 24, 2023
A Utah auto shop demonstrates a pathway to worker ownership via a perpetual purpose trust
ImpactAlpha, May 24 – The mechanics and other employees at Clegg Auto’s four car-repair shops in northern Utah since last fall have received an …
Ownership Economy | May 24, 2023
Ford Foundation pushes to add worker ownership to the ‘quality jobs’ toolkit
ImpactAlpha, May 24 – The Ford Foundation liked the “quality jobs” focus of Two Sigma Impact, the private equity manager that last month raised …
Inclusive Economy | May 23, 2023
Funders commit $10 million to combat California’s housing crisis with community ownership
ImpactAlpha, May 23 – Nearly 30% of America’s homeless live in California. Among the state’s extremely low-income households who are housed, nearly 80% …
Dorcia Whitebrake, an Everytable franchisee candidate. Photo by Everytable.
Ownership Economy | May 18, 2023
With inclusive loans and business support, franchise ownership offers a path to wealth for entrepreneurs of color
ImpactAlpha, May 18 — Employee ownership is having a moment. One promising strategy: democratizing the franchise model to widen pathways to ownership and …
Oakland, California
Inclusive Economy | May 9, 2023
Turning local community ownership projects into a national movement
ImpactAlpha, May 9 – Kentucky Derby winner Mage isn’t the only community-owned asset with national momentum (almost 400 fractional investors held a 25% …
Photo credit: CoolIT
Return on Inclusion | May 4, 2023
KKR acquires CoolIT to advance both climate impact and worker ownership
ImpactAlpha, May 4 – The world’s growing uses for data are creating an environmental problem: data centers consume a lot of energy. Preventing …
Africa | April 17, 2023
Secha Capital’s investment in South Africa’s FarmTrace will support growth and employee ownership
ImpactAlpha, April 17 – Private equity firm Secha Capital made its name as an early investor in South Africa’s bread and butter businesses. …
Call Recording | March 31, 2023
Metrics Madness: Wealth, ownership and ‘quality adjusted life years’ (video)
ImpactAlpha, Mar. 31 – The search for a universal metric to guide investments in racial justice and equitable wealth-building was…aspirational. “We are still a …
photo: Christopher Burns
Ownership Economy | February 21, 2023
Move over, private equity. Here comes worker ownership.
ImpactAlpha, Feb. 21 – Who better to buy an established, profitable small business than the employees who work there? They know the operations, the …
Ownership Economy | February 14, 2023
Social Capital Partners widens its ‘ownership lens’ with $2 million fund
Social Capital Partners, the Toronto-based nonprofit, has made a specialty out of convincing Canada’s pension funds to invest in U.S. worker-ownership conversions through …
Looking Ahead to 2023 | December 21, 2022
Abundance, ownership and inclusion hold keys to shared prosperity in 2023
ImpactAlpha, Dec. 21 – Real solutions. Real revenues. Real places. While other investors chased crypto and other tech fads, inclusive investors were finding …
Return on Inclusion | November 30, 2022
Through ‘ownership trusts,’ investors can help employees become owners and owners retire
ImpactAlpha, Nov. 30 – Patagonia founder Yvon Chouinard’s unusual succession plan made waves with its massive commitment of the family-owned company’s future profits …
Return on Inclusion | November 28, 2022
Collective ownership, renter payouts and neighborhood trusts expand access to housing wealth
ImpactAlpha, Nov. 28 – Late in the afternoon on a Friday in September, a dozen or so Latina small-business owners gathered at the headquarters …
A view of Maverick Square in East Boston shows the divide between old and new. / Photo by Bob O’Connor.
Place-Based Investing | October 18, 2022
East Boston Community Development establishes a neighborhood trust to preserve affordable housing
ImpactAlpha, October 18 — In cities like Atlanta, Los Angeles, Portland and Tulsa, local organizations are working with the nonprofit Trust Neighborhoods to …
Agents of Impact | May 6, 2022
Kevin Jones, Neighborhood Economics: Turning strangers into unlikely allies
ImpactAlpha, May 6 – Kevin Jones played an early role in convening the disparate, and sometimes unruly, tribes of impact investing under the tents …
Impact Voices | May 5, 2021
Boston’s Ujima Fund demonstrates the (investment) power of neighborhood democracy
Every Wednesday evening for the past few years—at least, before the pandemic—a group of Boston residents from the working class neighborhoods of Dorchester, …
Olneyville | Photo credit: Providence Preservation Society
Community Finance | March 23, 2021
How neighborhood trusts interrupt gentrification and shift ownership to communities
The thought that the poor might achieve the same control over their destiny that the wealthy expect as their birthright is a radical …
Kensington, Philadelphia | Photo: Lexey Swall/GRAIN for The Pew Charitable Trusts
Locavesting | February 23, 2021
Neighborhood trusts are taking on speculators and building community wealth
ImpactAlpha, Feb. 23 – Real estate speculators have new competition on the block: neighborhood trusts organized by residents determined to have a say – and …
Features | December 4, 2019
‘Neighborhood investment company’ helps Los Angeles residents buy back the block
ImpactAlpha, Dec. 4, 2019 – Real estate shapes our cities and neighborhoods. And capital shapes real estate. A new model that enables local …