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More Stimulus Needed to Employ College, High School Grads
This editorial from the New York Times lays it out plain and simple: until we invest more in creating jobs through the government, our economy is going to be weak. College graduates need a place to get...
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Kayaks on the River
View from Providence Place Mall View from Waterplace This weekend I was invited to kayak on the Narrow River in Narragansett. If even I can do this without drowning it’s truly a day at the beach. We...
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Perception is Something People Care About — Chafee Caves to Angus Davis
Angus Davis feels better, so I guess everything is right and good in the fiefdom of downtown Providence. Lame duck Governor Chafee is not feeling like having a big fight, so Angus will get his way....
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Methinks It’s Time for a Market Correction
I’m one of those people who gets nervous when the market hits new highs amidst what looks like a deteriorating economy for the middle class…but I’ll try not to be a Debbie Downer so, “Happy New Record...
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Price tag for the American dream: $130K a year
Let’s just cut to the chase: is the American dream affordable, and if not, what changes need to be made to this equation to make it affordable? Price tag for the American dream: $130K a year.
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Wells Fargo Is Giving Housing Groups Millions of Dollars. Here’s the Irony in...
It’s hard to know how many people lost their homes thanks to this bank’s abusive lending and foreclosure practices, but the answer is probably “a lot.” Wells Fargo Is Giving Housing Groups Millions of...
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How Banks Kill the American Dream and Risk Economic Nuclear Meltdown
How do you kill the American dream? One way is to finance people in over their heads, in essence creating debtors out of hard-working people who, in a more sane economy, would be accruing assets. It...
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NEXT Awards Are One Way Funders Move Capital To Underserved Communities –...
If you are a nonprofit that focuses on housing, should you apply for CDFI money? It’s probably a good idea to look into it. Funding from CDFIs has increased since 2008, and appears to be a growing...
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Filling a Gap: This Billionaire Couple Steps Up for Early Childhood As...
Sam Zell is a Chicago businessman with a fortune of nearly $5 billion. His wife Helen is a philanthropist with wide interests and liberal views. The couple has been stepping up their giving, and we...
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This Billionaire Is Spending Big to Control Healthcare Costs. Is That a Good...
To me, his foundation’s role in helping fan panic over deficits at the height of the Great Recession—when most economists argued that more stimulus was needed to spark growth, not austerity—was deeply...
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Can Innovation Help the Poor Escape from Payday Lenders? Ford Thinks So –...
The Ford Foundation has been working to close the racial wealth gap for over two decades, a gap much in the news these days, and one part of that effort has been to help “unbanked” low-income people...
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Behind the Knight Foundation’s Push to Revive Akron – Workforce Grants –...
Four decades after de-industrialization began in the 1970s, reviving jobs and opportunity in battered manufacturing cities across the U.S. remains a daunting challenge. Various foundations have come at...
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Who’s Empowering Wonks to Fuel Economic Growth in American Cities? – Inside...
Bloomberg Philanthropies made our list of most interesting foundations in 2014 because of its wide range of huge gifts, signaling ways the foundation may be forging new giving paths in Michael...
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Jobs are key to ending poverty, R.I. leaders tell marchers | News – Projo
That’s my Bishop! “We have gotten very good at responding to the immediate effects of poverty. But we are here to ask you, our elected leaders, to help our community, our state, deal with the...
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From Poverty to a Paycheck: Kessler Aims to Bolster Employment Odds of the...
A rising tide lifts all boats, and a recent study shows that as the economy improves, disabled people are enjoying a bump in their employment numbers. The Kessler Foundation wants to jump on that...
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Our Top Philanthropy Obsessions in 2015 – Inside Philanthropy: Fundraising...
As the New Year gets underway, we could conjure up a list of “top trends” in philanthropy for 2015 or make a bunch of predictions that we would probably regret twelve months from now, along with all...
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Speak-Out for Good Jobs & Quality Care at RI Hospital
From our union brothers and sisters: Some Certified Nursing Assistants report having to buy their own equipment to make sure they can monitor patients’ oxygen levels. Physical plant workers report...
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Churches step in with alternative to high-interest, small-dollar lending...
With all of the problems with predatory loans (and noticing new pawn shops and 5-Minute Loan stores opening up in my city) it’s good to see how churches could get more involved in helping communities...
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What is the Knight Foundation’s Vision for Urban Renewal? We Just Got More...
The Knight Foundation took another step forward in its work to bolster U.S. cities recently, by identifying 126 finalists in its Cities Challenge. All 26 of Knight’s communities of focus for the...
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Bill and Melinda Gates bet big on the future and philanthropy – Yahoo News
I am thankful for Bill and Melinda Gates and all they have done for so many poor people in the world. But I don’t think philanthropy really has the teeth to address inequality in our country. It’s like...
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