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June 8, 2017

May 2017: St. Nicks Alliance to Expand, Latest Poverty Data from New NYC Opportunity Office

St. Nicks Alliance Successful CCF Pilot Gets Funding to Serve More Children Three years ago, with the help of a long-term investment by the Change Capital Fund collaborative of donors, St. Nicks Alliance undertook an ambitious effort to ameliorate poverty through three pathways: housing, employment and education. St. Nicks Alliance has made considerable progress on all three fronts. They helped approximately 305 households avoid illegal evictions, created 162 units of new affordable housing, and trained and placed 140 people into jobs. But perhaps their greatest impact has been in improving ed … Continued

April 30, 2017

April 2017 Newsletter: Opportunity Youth Expand their Horizons, BankUnited Joins CCF

Opportunity Youth Expand their Horizons Over 47,000 young adults, more than 20 percent of all Bronx 16- to 24-year-olds, are neither in school nor employed. In some neighborhoods, that number soars to 35%. The future prospects of these young people is severely limited by the gaps in their education and work skills. New Settlement Apartments is tackling this problem through their Young Adult Opportunity Initiative (Y.A.O.I), which provides a host of services that address barriers to employment and education. But, NSA doesn’t take a one-size-fits-all approach, instead they provide each one of th … Continued

March 31, 2017

March 2017 Newsletter: It’s a Family Affair

It’s a Family Affair Fifth Avenue Committee (FAC) has been helping adults earn their high school equivalency diploma since 2003, but it wasn’t until they launched Stronger Together and began collaborating with four organizations to deliver services to Red Hook public housing residents that they noticed the positive impacts of family participation. FAC is coordinating programming with Brooklyn Workforce Innovations, Red Hook Initiative and Southwest Brooklyn Industrial Development Corporation to ensure greater educational and employment outcomes for public housing residents of Red Hook and Gowa … Continued

February 28, 2017

February 2017 Newsletter: DYCD Launches DYCD Connect

DYCD Launches DYCD Connect, a Major Step Toward Program Integration   On February 1, Department of Youth and Community Development (DYCD) Commissioner Bill Chong brought together community stakeholders to learn about DYCD’s vision for greater program integration and the technology upgrades that will support it.  The agency recently created a new mission statement and has undergone an internal process to integrate programs internally. DYCD Connect, being rolled out over the next year, is the first major upgrade to DYCD’s information technology system in 20 years and is an essential component of … Continued

February 7, 2017

CityViews: Results Show Grassroots Groups Can Make a Dent in Causes of Poverty

Change Capital Fund says it’s work with St. Nick’s Alliance, Fifth Avenue Committee, New Settlement Apartments, and Cypress Hills Local Development Corporation is bearing fruit. Read the full piece here: http://citylimits.org/2017/02/03/cityviews-results-show-grassroots-groups-can-make-a-dent-in-causes-of-poverty/.

January 31, 2017

January 2017 Newsletter: New York City’s Nonprofit Resiliency Committee Tackles Sector Challenges

New York City’s Nonprofit Resiliency Committee Tackles Sector Challenges   Change Capital Fund is honored to be among the 70 plus organizations participating in the New York City Nonprofit Resiliency Committee being convened by Deputy Mayors Buery and Palacio. We applaud the administration for directly addressing the challenges of this vitally important sector. CCF is funding our grantees to better integrate their programs and to use data to drive improvements, but we have found  that the typical funding model for place-based services organizations often works against these goals.  Many govern … Continued

December 29, 2016

December 2016 Newsletter: Tribute to Gary Hattem

Tribute to Gary Hattem upon his retirement from Deutsche Bank A Note from CCF Donor Representative Wendy Fleischer: The Change Capital Fund (CCF) donor collaborative and the whole community development sector owes a debt of gratitude to Gary Hattem for his inspired leadership and outsized contributions.  In 1996, while at Deutsche Bank, Gary co-founded CCF along with Steve Flax of M&T Bank and Pat Jenny of The New York Community Trust.  The goal of CCF is to enable community development corporations to revitalize New York City’s abandoned neighborhoods through multi-year, flexible funding. … Continued

November 30, 2016

November 2016 Newsletter: CCF Grantees Access Department of Labor Data to Improve Outcomes

Change Capital Fund’s grantees are among first New York nonprofits to gain access to government jobs data for outcomes tracking purposes Legislation enacted in 2013 amended the New York State labor laws to make it possible for the Department of Labor (DOL) to share unemployment insurance (UI) data for certain purposes, including: evaluating program effectiveness, improving the quality or delivery of services, and establishing common case management systems among federal, state or local agencies delivering or supporting workforce services. Thanks to the expertise and financial support of the NY … Continued

November 10, 2016


NYN Media interviews Wendy Fleischer who serves as the donor representative for the New York City Change Capital Fund, which is a collaborative of 16 funders who support community organizations and especially economic development corporations, working to increase economic mobility in the city’s lowest income neighborhoods. Hear the interview here: http://nynmedia.com/news/nyn-media-insights-podcast-on-change-capital-and-changing-leaders

November 3, 2016

Delivering Coordinated, Community-Based Services by Putting Networks into Action

MDRC, the nation’s preeminent social policy research organization dedicated to learning what works to improve programs and policies that affect the poor, is evaluating the CCF initiative. This brief is the third in a series by MDRC. This brief describes how CCF grantees’ service coordination efforts have helped to place individuals without extensive work histories in higher-wage jobs, to encourage first-generation college students to enter school and stay enrolled, and to get academically struggling students back on track, among other outcomes. Besides drawing on interviews with the grantees — … Continued