Transforming Communities

News and opinion about community foundations and philanthropy

CF in Action Peter Panepento CF in Action Peter Panepento

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.

Read More
Peter Panepento Peter Panepento

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.

Read More