How a N.C. Community Foundation Is Marshaling Support to Create Affordable Housing

The Foundation for the Carolinas is taking the lead in addressing Charlotte’s shortage of affordable housing.

The foundation recently announced it has secured more than $30 million in matching funds for the Charlotte Housing Opportunity Investment Fund it started to help support a government-led effort to address the region’s housing shortage. 

The funds support a combination of new affordable housing construction, support for existing affordable housing infrastructure, and lowered interest rates, according to the foundation.

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Study: Donor-Advised Funds Give Lifeline to Nonprofits During Recessions

When the next recession hits, donor-advised funds are expected to help cushion the blow for nonprofits, even as other revenue sources decline, a new study finds.

The study — conducted by Dan Heist, a professor at the University of Pennsylvania, and Danielle Vance-McMullen, an assistant professor at the University of Memphis — used Internal Revenue Service data from 2007 to 2016 to analyze the grant making activity of donors who have funds at 996 donor-advised-fund sponsors.

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Peter Panepento
Inside Wichita Community Foundation's Innovative Effort to Attract Talent to its City

The Wichita Foundation’s Talent Ecosystem Fund, has already helped draw 49 people to relocate to Wichita to get trained for high-skilled careers.

Rather than simply paying for tuition, the fund is investing in helping students with relocation and living costs while they go back to school.

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