Working from home, Good Old Lower East Side (GOLES) Executive Director Damaris Reyes has activated the emergency mode for LES Ready!, a coalition created during Hurricane Sandy, to coordinate the actions of some thirty nonprofits in Lower Manhattan in times of disaster. In the midst of the COVID-19 pandemic, LES Ready! Members are calling on […]

Change Capital Fund, gearing up for its 20th year, has proven to be an unusually effective philanthropic collaborative. The Association for Neighborhood & Housing Development (ANHD) has long believed that philanthropy – both by banks and private foundations – should focus much of their giving at the local level to neighborhood-based organizations that are effectively […]

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/.

NYN Media interviews Wendy Fleischer who serves as the donor representative for the New York City Change Capital Fund, which is a collaborative of 15 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

Good morning and thanks for joining us at Get Connected with the profile of the Change Capital Fund, a collaborative of 16 donors, both corporate and nonprofit, joining together to fund a small group of community-based organizations in an effort find better ways to improve the lives of low-income New Yorkers. One of the funds’ beneficiaries […]

With 16 donors from public and private sectors, Change Capital Fund looks to cross-sector solutions to inequality PATRICIA SWANN Sr. Program Officer for New York Community Trust   One out of five New Yorkers live in poverty. But poverty is not randomly distributed in every neighborhood. In neighborhoods of concentrated poverty—where poverty rates are upwards […]

Ever wonder who drives the paratransit vans that take your neighbor to the doctor or the food trucks that keep your grocery store shelves stocked? Cypress Hills Local Development Corporation is putting young men and women into those driver seats through the new CHAMPION Network Program. The program offers young unemployed adults a career in […]

News and analysis July 20, 2016 By Alex Daniels Residents of Cypress Hills have looked to Michelle Neugebauer for help for decades. Since she joined the Cypress Hills Local Development Corporation as its first full-time employee in 1984, she’s helped residents of the low-income Brooklyn neighborhood stave off eviction, look for jobs or internships, or […]

The following article was published by Next City.  You can find the article at: https://nextcity.org/daily/entry/change-capital-fund-nyc-contsortium-community-development BY OSCAR PERRY ABELLO | JUNE 2, 2016 When Michelle Neugebauer came onboard in 1983 as the first full-time employee at the Cypress Hills Local Development Corporation (CHLDC), it was an entirely different time in Brooklyn. Residents — mostly white and middle class […]

On March 3, 2016 Change Capital Fund was recognized with the Special Award for Innovation in Fighting Poverty & Building Communities Through Philanthropy by City & State Report.  CCF donors Cecelia Tanaka, Vice President, JPMorgan Chase, and Gregory Schiefelbein, Senior Vice President, Citi Community Development, accepted the award on behalf of the funding collaborative. Read more […]