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Full-Text Articles in Business
Using Foundation Capital For Good: Opportunities In The Balance Sheet, John Sherman, Veronica Olazabal
Using Foundation Capital For Good: Opportunities In The Balance Sheet, John Sherman, Veronica Olazabal
The Foundation Review
Foundations increasingly use their full balance sheets to unlock more of their capital for good. They look beyond conventional grantmaking to pursue their charitable purposes in many ways that exemplify innovative, full-balance sheet approaches: investing in nonprofit and for-profit companies that offer clear social and financial returns; investing their corpus in companies whose products and services align with their missions; using social bonds to inject new resources into their programs; offering guarantees to help grantees manage risk; and avoiding companies whose practices run counter to their grantees’ efforts.
This article looks at the structures, pathways, and tools for foundations wanting …
How A Community Foundation’S Disaster Framework Guided Rapid Pandemic Response, Steven W. Mumford, Isabel Barrios, Kellie Chavez Greene
How A Community Foundation’S Disaster Framework Guided Rapid Pandemic Response, Steven W. Mumford, Isabel Barrios, Kellie Chavez Greene
The Foundation Review
Disasters create opportunities for philanthropy to rebuild equitably by prioritizing the most vulnerable community members in disaster response and addressing existing disparities and structural inequities in the recovery phase. As intermediaries between donors and local communities, community foundations are well-positioned to lead transformational disaster response.
Through its experience with Hurricane Katrina and subsequent disasters in the region, the Greater New Orleans Foundation developed a flexible disaster framework that emphasizes four broad principles — resilience, sustainability, civic participation, and equity — and specific practices in each area to guide rapid and long-term disaster response and preparedness. This article describes how the …