Amy Celep, Sara Brenner and Rachel Mosher-Williams
This article argues that a foundation’s internal culture is critical to achieving large-scale social change, but that efforts to build a change-making culture too often are left out of strategy conversations.
While there is no one culture that suits every foundation, a particular set of characteristics must be present in those that seek large-scale social change: a focus on outcomes, transparency, authenticity, collaboration, racial equity and inclusion, continuous learning, and openness to risk. This article offers insights into why culture can be challenging for foundations to address and maintain, examines cases of successful culture change at foundations, and offers advice for foundations that aspire to it.
This Community Developments Insights report describes the U.S. Small Business Administration’s (SBA) Small Business Investment Company (SBIC) program, its role in capital markets, and how financial institutions—including national banks and federal savings associations (collectively, banks)—can use the program to expand their small-business finance activities. This report also describes how the SBA licenses these companies, how they operate and are supervised, and the guidelines they should follow. Finally, this report outlines risks and regulatory considerations of bank investments in SBICs and explains how these investments may receive consideration under the Community Reinvestment Act (CRA).
The information in this report was obtained from a variety of sources, including bankers, non-supervised nancial intermediaries, SBICs’ general partners (GP), trade groups, the SBA’s Of ce of Investment and Innovation (OII), and other parties involved with small business investment companies. Appendix E provides a resource directory for additional program information.
This issue brief outlines a road map to create a more sustainable and equitable food system. It first provides an overview of the existing state of food insecurity in the United States; it then gives an overview of national best practices, highlighted through specific case studies, and discusses tools to fund such initiatives and to build cross-sector partnerships that take a holistic approach to addressing food deserts and food insecurity.
In 2015, Congress increased funding for VITA—for the first time in six years—by $3 million. However, in order for the program to meet the growing demand for its services, VITA must be authorized, expanded and modernized. This paper explores how the VITA program has developed over time and how local VITA programs serve their communities. It then highlights the VITA program’s present challenges and opportunities for valuable reforms that would enable VITA sites to serve more people.
Summer Youth Employment Programs (SYEP) are believed to improve the economic, academic, and behavioral outcomes of the population they serve, particularly for inner-city, low-income, and non-white youth. As part of a larger evaluation, we collected survey data on participants in the Boston 2015 SYEP. These participants reported additional job readiness skills, higher academic aspirations, and more positive attitudes towards their communities compared to the control group. Overall, these trends are encouraging, particularly because the largest gains were observed for minority youth. It remains unclear whether these short-term improvements will result in sustained advantages down the road. In the second phase of our evaluation, we hope to tackle this question by linking the survey responses reported in this brief to administrative data from employment, academic, and behavioral records, to better articulate the long-term effects of SYEP.