Press Room

Press Release:

Change Capital Fund Launches New Cycle to Strengthen CDC Capacity in High-Poverty Neighborhoods

The Change Capital Fund (CCF), a collaboration of 16 foundations, financial institutions and government dedicated to increasing economic mobility in New York City’s persistently low-income communities, has selected four new grantees to harness the strength of community development corporations (CDCs) to reduce poverty in high-need New York City neighborhoods.

Newsletter:

April 2018 Newsletter

Change Capital Fund’s Grantees Demonstrate Poverty-Busting Programs Generate Public Benefits and Pay for Themselves As Change Capital Fund (CCF) concludes its most recent four-year, $4 million funding cycle, the collaborative has released a final report with public benefit rationales that demonstrate that its grantees’ programs are highly effective and generate a huge return on investment. […]

Newsletter:

February 2018 Newsletter

MDRC Brief Highlights CCF Lessons for Donor Collaboration MDRC’s fifth brief, Investing Together: Promising Strategies from a Donor Collaborative, is the final brief in a five-part series documenting the Change Capital Fund’s four-year economic mobility initiative. MDRC’s brief highlights promising strategies that may promote effective donor collaboration and help donors manage the dual objective of […]

Newsletter:

January 2018 Newsletter

CCF Grantees Improve College Success Rates Getting a college degree is a ticket out of poverty. An adult with a college diploma earns more than double than one with a high school degree. Twenty of the 25 fastest growing city-based jobs with salaries over $50,000 require a college diploma. But college completion remains elusive for […]

Newsletter:

November 2017 Newsletter

Creating Public Benefit Rationales Change Capital Fund’s grantees have been increasing their capacity to implement cross-program tracking systems, use program data to analyze progress and confront pitfalls, and understand the true and full cost of achieving an outcome. Now, with the help of Lili Elkins, Chief Strategy Officer at Roca and Associate Professor at Columbia University’s […]

Newsletter:

October 2017: Grantee Outcome and Impact Updates

Grantees’ Huge Strides   Three and a half years into the 4-year CCF initiative, grantees continue to make huge strides in providing more and more residents from persistently low-income neighborhoods with the services and support they need to succeed.  Grantees are scaling programs that work and, with increasingly sophisticated data, relentlessly improving programs to achieve […]

Press Clip:

What Makes an Effective Philanthropic Collaborative? Change Capital Fund Turns 20-Years-Old

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 […]