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Updated: 51 min 57 sec ago

RE: CDFI Headhunter

Tue, 2019-07-30 09:56
From : Communities>>Open Forum
We used Find Great People for our local housing fund CEO search. Jennifer Derryberry Chief Financial Officer Community Works 100 W. Antrim Drive | Greenville, SC 29607 ( : 864-235-6331 | 7 : 864-235-6326 | * : jderryberry@cwcarolina.org Connect with me on LinkedIn CommunityWorksCarolina.org Facebook | Twitter | LinkedIn

establishing a community development fund

Tue, 2019-07-30 09:52
From : Communities>>Open Forum
IHMCU, a CDFI, and another local credit union, which is also a CDFI, are looking to establish a community development fund that would make loans to low income households for rehabs and repairs that have not been made in years and would not qualify for conventional loans. We are looking to capitalize the fund with social impact investments from area foundations and businesses and use our expertise to make loans to homeowners to help them stabilize their homes and hopefully start to regain wealth [More]

CDFI Headhunter

Mon, 2019-07-29 14:13
From : Communities>>Open Forum
Can anyone recommend a headhunter who  works with CDFI and/or housing nonprofits. Our small housing CDFI is recruiting for a new executive director (job announcement attached) and would like some help. Thanks! ------------------------------ Jerry Rioux, Executive Director Housing Trust Fund - San Luis Obispo San Luis Obispo, CA jerry@slochtf.org ------------------------------

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CDFI Headhunter

RE: Social Impact Measurement System

Mon, 2019-07-29 10:27
From : Communities>>Open Forum
This would be a great conference workshop topic, particularly if there is already work starting on a research collaborative. ------------------------------ Jenny Rottmann Director of Finance and Administration Genesis Fund Brunswick ME (207) 844-2035 ------------------------------

RE: CDFI lenders who can support non-profits with operational costs

Mon, 2019-07-29 10:09
From : Communities>>Open Forum
PeopleFund makes loans to established nonprofits. You can contact me gary@peoplefund.org or our EVP shay@peoplefund.org. Aim High, Gary ------------------------------ Gary Lindner President & CEO PeopleFund Austin TX 512-472-8087 ------------------------------

Designing Business Forms to Pursue Social Goals

Mon, 2019-07-29 09:30
From : Communities>>Open Forum
Dear all, I thought that my recent article, "Designing Business Forms to Pursue Social Goals," might be of interest to members of the opportunity finance network (see https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3369354 ). The article critically evaluates the new legal forms for creating social enterprises, and proposes a novel approach to designing them, which is largely based on the legal regime for Community Development Financial Institutions. The article further explains why the proposal [More]

RE: CDFI lenders who can support non-profits with operational costs

Sun, 2019-07-28 14:43
From : Communities>>Open Forum
Propel Nonprofits lends specifically to nonprofits in Minnesota and the adjacent states and offers working capital and bridge loans. ------------------------------ Kallie Rollenhagen Marketing Manager Propel Nonprofits Minneapolis MN (612) 249-6685 ------------------------------

RE: Social Impact Measurement System

Fri, 2019-07-26 17:56
From : Communities>>Open Forum
Ha!  LOL!!!  Thanks for sharing and so true.    I do wonder however, if the spotlight were shifted away from funders and their expectations and instead directed internally at the organization itself, the change they expect and love to see in their clients. And then if they measure and test assumptions behind their program design to see if that change is in fact happening, what might that look like?  How might programs and services look different, innovate, and improve? ------------------------------ [More]

RE: Social Impact Measurement System

Fri, 2019-07-26 17:37
From : Communities>>Open Forum
Thanks I will check them out.  We've also supported clients to begin the process of reassessing their Theory of Change and the outcomes they desire and develop a social impact measurement system.  I do believe as practitioners really challenging oneself with "So What?" can help organizations bring better value to clients.  I'm wondering if there will be any workshops like this at the conference? ------------------------------ Tameka Montgomery CEO Core Strategy Partners, Inc. TAKOMA PARK MD 3037488040 [More]

RE: Social Impact Measurement System

Fri, 2019-07-26 13:28
From : Communities>>Open Forum
​Tameka, Nothing definite yet for us but we have found the company SuccessMeasures to be an intriguing possibility to help in impact measurement.  More to come I hope, but feel free to check in with them on your own. ------------------------------ Bill Lantzy Strategic Innovation Lake Trust Credit Union Brighton MI ------------------------------

RE: CDFI lenders who can support non-profits with operational costs

Fri, 2019-07-26 11:25
From : Communities>>Open Forum
Thanks for sharing this perspective, Lesli! I will pass this information to the Executive Director of the nonprofit I mentioned. ------------------------------ Sonja Karnovsky Economic Empowerment Specialist City of South Bend South Bend IN ------------------------------

RE: CDFI lenders who can support non-profits with operational costs

Fri, 2019-07-26 09:46
From : Communities>>Open Forum
Sonja, Growth Partners Arizona historically has lent solely to nonprofits.  While we haven't done any loans yet for the purpose you're inquiring about, I'm sure we would consider such a request.  The key is still to understand what caused the need and the sustainability of the source of repayment.  I'm happy to chat with you by phone - 520-382-9218. Lesli Pintor, ED Growth Partners Arizona ------------------------------ Lesli Pintor Executive Director Growth Partners Arizona Tucson AZ (520) 382-9218 [More]

CDFI lenders who can support non-profits with operational costs

Thu, 2019-07-25 18:06
From : Communities>>Open Forum
Does anyone have recommendations of CDFI lenders who can offer loans to non-profit entities for operational costs, particularly to allow them some runway to maintain staff? ------------------------------ Sonja Karnovsky Economic Empowerment Specialist City of South Bend South Bend IN ------------------------------

RE: Social Impact Measurement System

Thu, 2019-07-25 15:29
From : Communities>>Open Forum
I'm in strong agreement with you that there is a serious need in this area. The problem (which I think comes across in the articles Barbara linked) is that there is a vast chasm between what can be accurately measured with the resources most institutions have for this kind of thing and what we really want to measure. CDFIs have been given a set of reporting incentives from partners and funders - including the SBA - to quantify impacts in ways that can be easily understood by stakeholders. Thus we [More]

RE: Consultants

Thu, 2019-07-25 12:52
From : Communities>>Open Forum
Hi Arielle, I work for Craftsman Technology Group, a registered Salesforce partner that specializes in training and implementation. Next week we have an introductory Bootcamp that may be of interest. You can learn more on our events page . We also offer custom Salesforce training for organizations with complex use cases. Please feel free to reach out directly or fill out our training request form . Happy to answer any questions! Best, Lily ___________________________ Lily H. Leavitt Community [More]

RE: Social Impact Measurement System

Thu, 2019-07-25 12:32
From : Communities>>Open Forum
Hi Tameka,  Hope this message finds you well. I sent a response to you via "Reply to Sender" Only and wanted to give you a heads up so that it will be on your radar. As far as everyone else, if you haven't read these articles, I think these humorously get to the heart of the issue of what organizations are being asked to measure, the quality and scope of quantitative and qualitative data, outputs and outcomes, social impacts, and the ultimate ability to fund activities that are necessary to change [More]

Quarterly Interest Accrual Reporting / Downhome

Wed, 2019-07-24 20:03
From : Communities>>Open Forum
Hello! I work with Spruce Root , a small-business loan fund in Southeast Alaska. We recently started using Downhome cloud software, and appreciate the ease of generating reports and the responsive customer service. It's really a step up for us from spreadsheets. However, we're still working out some of the bugs in the transition. Specifically, right now we're working on quarterly financials and looking for the full amount of interest accrued for the quarter to update the books. Downhome provides [More]

Social Impact Measurement System

Wed, 2019-07-24 14:14
From : Communities>>Open Forum
I'm curious to know who's feeling the need to focus on capturing the social impact of your programs and not just outputs?  When I was at SBA leading the Office of Entrepreneurial Development, while we used the terms, "impact" and "outcomes", what we really were talking about was outputs.  Are other funders and key stakeholders asking you to speak more to the changes, the outcomes and impact of what you're doing? ------------------------------ Tameka Montgomery CEO Core Strategy Partners, Inc. TAKOMA [More]

RE: Consultants

Wed, 2019-07-24 12:26
From : Communities>>Open Forum
Hi Arielle! Our organization is a Sales and Marketing Agency and it sounds like we might be a good fit for what you've described. If you're interested in talking, I'd love to connect you with Brooks Nelson to talk about your 1 year objectives and what expectations and outcomes could be. Paul Paul Bresenden | President 949.299.1120 454creative.com

Wisconsin Consumer Protection Act

Tue, 2019-07-23 17:35
From : Communities>>Open Forum
​I am wondering if anyone does lending in Wisconsin with loans under $25,000 and how they work to ensure compliance with the Wisconsin Consumer Protection Act- banks and credit unions are exempt.  If anyone has a resource they could direct me to that would be great! ​ ------------------------------ Noah Hobbs Lending Director One Roof Housing Duluth MN 218-249-0364 ------------------------------

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