FUND Community Institute continues to engage in dialogue and analysis around data from its landmark study, Perception versus Reality: Women and Change in the CDFI Industry (available at www.fundci.org). This month, we examined the prevalence of women as leaders of CDFIs, and how this role may have changed since the founding of the industry. The findings suggest that women are playing leadership roles in large numbers (although not at all sizes and types of CDFIs) and that the organizations they head up may be leading the way in fostering more inclusive, family-friendly work environments.
Archives: Resources
Before Getting An Online Business Loan
Simply put, the purpose of this e-book is to help you fully understand what taking on an online loan truly involves and how it can impact your bottom line.
While many money guides are loaded with jargon and confusing language, we break down everything you need to know into easy-to-grasp terms and examples based on real-life situations.
2019 Roadmap to Shared Prosperity
The 2018 Roadmap to Shared Prosperity outlines the California Economic Summit’s plans for a comprehensive agenda to address with a triple bottom line approach to solving the state’s biggest challenges.
2017 Nonemployer Firms Credit Survey
Nonemployer firms are important to the United States’ economy, comprising 81% of all small businesses, employing 17% of the American workforce, and generating $1.2 trillion in annual sales. While previous research has explored why individuals seek self-employment or what conditions drive nonemployers to become employer firms, less is understood about the financial experiences and challenges of nonemployers—namely, whether or not nonemployers are succeeding financially.
State of Worker Cooperatives 2017
Covering five years of business progress, the 2017 Worker Cooperative State of the Sector is a report on worker-owned business in the United States. This report is a co-production of Democracy at Work Institute and U.S. Federation of Worker Cooperatives, drawing upon the latest developments in the field, and deepens our understanding of the sector.
Millennial Women Entrepreneurs
Millennial women, those born between 1982 and 2000, represent the future of entrepreneurship in America. According to the 2015 Census Bureau data, there are 83.1 million millennials in the United States. By the year 2025, millennials will comprise 75 percent of the American workforce, and many will become entrepreneurs.
Financial Security of Single Women
The gender wealth gap continues growing even though single women have benefited from regulatory protections to reduce wealth stripping and have had increased access to institutions, products, and services that help them build wealth. This growing gap not only impacts their financial security in retirement but also their ability to pass resources on to future generations.
To shepherd our collective efforts and move the needle to improve the economic well-being of single low-income women, we must understand how asset inequality is compounded by structural barriers to wealth building for women, including accessing income, tax benefits, social services programs, and financial products and services.
Growth & Evolution of CDFI Partnerships
The Federal Reserve Bank of Richmond has researched developments in the community development financial institution (CDFI) industry on a regular basis since the 2009 inaugural launch of the biennial Survey of CDFIs in the Southeast.
2018 State of Nonprofit Cybersecurity
In a world where news about cyber attacks and hackers regularly make the headlines, we knew it was necessary to better understand how nonprofit organizations were – or were not – managing security and privacy. NTEN and Microsoft surveyed more than 250 nonprofits across the US for the first State of Nonprofit Cybersecurity Report.
Lending in Underserved Markets
The contribution and importance of small businesses to the nation’s economy is well-researched and understood; for minority-owned small businesses, the impact and significance are even greater. Not only do minority-owned small businesses help drive job creation, raise wages, and elevate better standards of living, they also offer a critical pathway for Black and Hispanic populations to close the racial wealth gap. An increase in entrepreneurship among people of color can create income for both entrepreneurs and the people of color who work at the businesses. Yet, starting a new firm or growing an established business requires capital, and Black and Hispanic businesses have higher barriers to accessing capital.