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Philanthropies flow funds to climate technologies

Katherine Ellison

October 14, 2020 |

The Washington Post |

Text |

1500-3000 Words

Response Location: United States, Cambridge, Massachusetts

Philanthropies are funding “tough tech” startups that are developing technologies to cut greenhouse gas emissions and mitigate the effects of climate change. Since 2014, the nonprofit Prime Coalition has channeled more than $24 million from wealthy donors and foundations to 10 ventures focused on that goal. Not all of their investments, though, have paid off. Yet, some of these initial investments could lead to widespread solutions to the world’s climate crisis.

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Akron wants to help small business owners grow, but officials say they need more help from banks

Abbey Marshall

October 12, 2020 |

The Devil Strip |

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1500-3000 Words

Response Location: United States, Detroit, Michigan

Motor City Match is an entrepreneurial development initiative that provides grants for historically marginalized business owners in Detroit. It also matches minority entrepreneurs with empty retail space in addition to providing business coaching and planning services. The program depends on nontraditional lenders to provide the funding. Motor City Match inspired the formation of Rubber City Match in Akron but that program has faced financing hurdles due to a lack of nontraditional lenders in the city.

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Community lending helps African businesses in Philly stay afloat during COVID-19

Miles Bryan

October 08, 2020 |

WHYY |

Radio |

3-5 Minutes

Response Location: United States, Philadelphia, Pennsylvania

Philadelphia's community of African business owners has created its own security net in the wake of the shutdown, which left many businesses closed or in debt. A traditional African system known as "susu" provided the mutual aid entrepreneurs needed to stay afloat. Susus provide an informal loan network in which members contribute regularly and take turns tapping into the group funds. During the lockdown, financial support was given to those participants who were most in need. The informal loan clubs were crucial to the owners who are typically immigrants and were denied federal aid at greater rates.

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Meet the Bristol collective putting surplus wealth in the hands of people tackling injustice

Alex Turner

October 02, 2020 |

The Bristol Cable |

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800-1500 Words

Response Location: England, Bristol

Bristol Redistro is an experiment in wealth redistribution that taps the social-justice consciences of people who pool what they see as their excess money to make grants to small community groups that are "challenging unfair power structures." An initial round made £1,000 grants to such groups as Mandem, an online artistic platform for young men of color, and No More Exclusions, which seeks to reform school discipline. Funding decisions get made by a collective, not Redistro's leaders, with the aim of driving social change and challenging inequality by sharing the wealth with grassroots community groups.

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Jumpstart trains developers to fight gentrification in Philly neighborhoods

Courtney Duchene

September 29, 2020 |

The Philadelphia Citizen |

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1500-3000 Words

Response Location: United States, Philadelphia, Pennsylvania

Jumpstart Germantown and five spinoff programs trained about 1,000 people in the art of locally controlled neighborhood rehabilitation. The Jumpstart programs target particular neighborhoods, mainly mid-range housing stock with vacant and deteriorating conditions, and lend money to newly minted developers to fix and resell the properties. Housing rehabs maintain the character of neighborhoods, rather than gentrifying them or making wholesale redevelopment changes. Beyond the community improvement benefits, the program helps diversify the real estate business and provides employment opportunities.

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Community Journalism: A Troubled Industry

Susan Geier

September 18, 2020 |

Sentinel Source (The Keene Sentinel) |

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800-1500 Words

Response Location: United States

Local newspapers that have weathered the past decade of decline in the journalism industry have needed to innovate and pivot their strategy to stay afloat in the wake of the pandemic. With a worldwide economic slowdown and entire communities struggling to recover, local newspapers found that transparency was key in raising funds from subscribers. Diversifying revenue streams, embracing digital models, and raising money allowed these newspapers to continue providing local news and vital information regarding the pandemic.

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Three Approaches to Rural Rejuvenation

Kelly Burch

September 18, 2020 |

Sentinel Source (The Keene Sentinel) |

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1500-3000 Words

Response Location: United States

Despite the pandemic-induced economic slowdown, three small cities have managed to thrive due to successful economic development plans that have led to “rural rejuvenation” in an effort to attract young families to live there. The city of Taos, New Mexico has used a regional strategy to increase tourism while Durango, Colorado, chose to diversify the economy by focusing on its other resources such as high education, natural gas, and healthcare. Bozeman, Montana focused on nurturing local business instead of enticing outside businesses.

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How a Charlotte Nonprofit Links Landlords With People Experiencing Homelessness

Jared Brey

September 15, 2020 |

Next City |

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800-1500 Words

Response Location: United States, Charlotte, North Carolina

A real estate developer has teamed up with homelessness service organizations to house working families. The Lotus Campaign gives landlords $1,000 a year to rent a unit to a family that is at risk of homelessness or is already experiencing it. Rent is paid by the organization and any damages to the unit are covered. Landlords taking part in the program waive security deposits, credit checks, records of employment, and provide a 30-day window before seeking evictions. The pilot program intends to demonstrate that the private housing sector can alleviate homelessness if given the chance and the incentive.

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The Mississippi Program That's Showing How Effective Direct Cash Transfers Can Be

Lauren Gill

September 14, 2020 |

The Appeal |

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800-1500 Words

Response Location: United States, Mississippi

Families experiencing poverty have been given $1,000 each month in an effort to address the racial wealth gap through the Magnolia Mother's Trust program. The cash payments yield an increase of recipients who were able to earn their GEDs, cook fresh meals for their families, and meet all their basic needs. The payments began prior to the onset of the pandemic but have proven to be a crucial safety net.

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Changing their minds, and their lives: A way out of poverty in Philadelphia

Harold Brubaker

September 12, 2020 |

The Philadelphia Inquirer (Philadelphia Media Network) |

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1500-3000 Words

Response Location: United States, Philadelphia, Pennsylvania

The MindSet program adopts 30 people per year for a five-year "mobility mentoring" program, coaching people living in poverty to set clear goals and helping them save toward economic independence. Run by the nonprofit Episcopal Community Services and modeled on Boston's EMPath (Economic Mobility Pathways), MindSet rejects traditional case management and approaches that merely maintain people's lifestyle, focusing instead on plotting a path to a better future. More testing is needed on its effectiveness, but EMPath participants increased their annual income from $16,000 to $47,000.

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