The 2017 tax law included the most important new program to spur urban revitalization in decades. But it’s lacking in transparency and accountability. Kresge has been working to fix that and ensure the law achieves real impact.
A rare opportunity to conserve a large swath of land led the Doris Duke Charitable Foundation to make a large and unusual program-related investment. But the sustainable forestry model behind this move is not without its critics.
Achieving the U.N.’s ambitious Sustainable Development Goals requires unlocking vast amounts of private capital. MacArthur and two other funders have a plan to do exactly that—and take impact investing to a whole new level.
The Investing in Opportunity Act has the potential to be a game changer for distressed communities. But that promise can only be realized if the act works as intended—a big “if.” Rockefeller is on the case, along with other funders.
Elizabeth and Kevin Phillips found themselves on the leading edge of a seismic shift in giving when the young couple assumed leadership of Kevin’s family foundation. The choices they’ve made offer insights into how “generation impact” thinks.
Generational change is having a growing impact on family philanthropy, with younger board members stepping up to put their own stamp on institutions. The Nathan Cummings Foundation is one place where this dynamic is playing out.
More community foundations are getting behind impact investing, often with housing on the agenda. Recently, the Foundation for the Carolinas has attracted major corporate backing with a fund designed to boost affordable housing in the region.