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.
Press Room
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. […]
Change Capital Fund’s $4 Million Investment in NYC Community Based Organizations Identifies Successful Poverty-Fighting Programs
CCF has released public benefit rationales that demonstrate that its grantees’ programs are highly effective and have a huge return on investment.
Smart Organizations, Strong Neighborhoods
CCF is helping the community development field measure better and scale what works. This report explains what our donor collaborative and grantees did and offers examples of innovative programs that demonstrate public benefits far in excess of cost.
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 […]
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 […]
Investing Together: Promising Strategies from a Donor Collaborative
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 fifth in a five part series by MDRC. It highlights the benefits of donor collaboration and explores two key issues these entities must address […]
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 […]
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 […]
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 […]