That the fund went “from conception to announcement to disbursement within less than two weeks is a sign of what is possible when everyone acts with a sense of urgency and mutual trust,” says Bugg-Levine, who has led NFF since 2011.
Without fast and targeted action, we could face a “Main Street bloodbath that...will very soon decimate local economies across the country for a long time,” warn New Localism Advisors’ Bruce Katz, Blueprint Local’s Ross Baird and The Governance Project’s Colin Higgins.
Since the 1980’s, Chicago investors have made at least $10 billion in impact investments.
Rockies Venture Club and Rockies Impact Fund committed $100,000 to enable the company to build its online platform and source, list and warehouse artists’ pieces.
Six local hospitals are part of the non-profit's latest effort to address the "big picture" of community health by investing in community development financial institutions in Chicago’s West Side.
The Accelerating Permanent Supportive Housing Fund will provide flexible loans that supportive housing developers can use and reinvest in multiple projects.
A new study from the Knight Foundation found that firms led by women and people of color now manage an estimated $8.62 billion, or 13.5%, of the $63.95 billion in assets held by 26 of the nation’s 50 top foundations.