Building an interdependent economy: Shared ownership is focus for foundations

Foundations have often been observed to move in something resembling rugby scrums: many of them focused on the same issue. Shared ownership of businesses is the hot topic this year for many of them. And last week I went to Rockefeller Center to what was a major gathering of the leading catalytic foundations, funds focused on the various […]

SOCAP Reflection

It’s always fun to be at SOCAP and to be able to connect with what Fran Seegull started referring to as the “OGs” who really are the team that started and grew SOCAP: Tim Freundlich, one of the founders; Lindsay Smalling, the amazing curator who managed content for most of the time our group owned […]

Texas Roads

These past two weeks, I have had the opportunity to travel the roads of Texas to listen, learn, and visit organizations and possible partners in our work of convening and supporting the process of getting resources to places they haven’t gone historically.  I have driven about 2,000 miles and still haven’t seen a giant portion […]

Momentum

The fall has brought on a busy travel season, and that’s because our work in Neighborhood Economics depends on connections with local communities and good relationships with partners.   Resources can’t hit the ground in local neighborhoods unless we build together. The excitement of this work is being able to see and learn as we move […]

Why Foundations Show Up for Neighborhood Economics

Our Neighborhood Economics conference in Jackson, Mississippi, this past spring had a surprising degree of success attracting the leading national catalytic foundations that invest in economic justice.  The Jackson conference was just our second in-person event since the pandemic, and we attracted the MacArthur, Surdna, Heron, and Kellogg foundations, and we are in conversation with […]

Catalyzing the Growth of Black-Owned Businesses

Imagine a world where every Black entrepreneur doesn’t just survive—they thrive, shattering systemic barriers with unyielding resilience and innovation. Despite the unwavering spirit of Black entrepreneurs, the stark reality remains: 95% of Black-owned businesses are sole proprietorships, a figure reported by the U.S. Census Bureau in 2019. This overwhelming majority stems from pronounced financial disparities, […]