Improving Education Outcomes During the first two years of receiving Change Capital Fund funding, grantees have been building out their poverty-fighting models and tracking the impact of their work. One area of focus for three of our four grantees (Cypress Hills Local Development Corporation, New Settlement Apartments and St. Nicks Alliance) has been to improve […]
Press Room
May 2016: Creating Communities of Opportunity: Year 2
A Letter From Our Board Chair, Steven Flax In May 2014, we embarked on a bold project to enable community development organizations to develop innovative methods to fight persistent poverty. We are now at the midpoint of this four-year endeavor and I am happy to report that our grantees have made remarkable strides implementing pioneering […]
Addressing Challenges in Community-Based Service Coordination
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 second in a series documenting the implementation of an economic mobility initiative by New York City’s Change Capital Fund (CCF). This series highlights issues […]
NEXT CITY: How 16 NYC Funders are Collaborating to Fight Poverty
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 […]
March 2016: Creating Sustainable Nonprofits: What will it take?
Creating Sustainable Nonprofits: What Will it Take? New York Nonprofits in the Aftermath of FEGS, the recently released Human Services Council report, recommends changes to further the sustainability of nonprofits providing direct services to the most vulnerable New Yorkers. The report’s recommendations align with the driving principals behind CCF’s initiative to move persistently poor people […]
February 2016: Considering a Collective Impact Approach
CCF Grantees Consider Collective Impact Approach CCF grantees discuss a collective impact approach to their work. Change Capital Fund recently hosted the Philadelphia Youth Network (PYN) and JEVS Human Services for an information session about how their Project U-Turn used a collective impact approach to decreased high school drop-out rates by almost 50% […]
CCF Wins Corporate, Foundation and Family Philanthropy Award
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 […]
Investing in What Works for America’s Cities
Community Organizations are Key to Moving Individuals and Neighborhoods out of Poverty Eighteen months ago, Change Capital Fund (CCF) initiated a four-year, $5 million investment in five New York City nonprofits and community-based organizations that it believes are best able to reach local residents who are disconnected from the city’s affluence and opportunity and can coordinate housing, […]
January 2016: Increasing Outcomes and Building Organizations
CCF Grantees Progressing Toward Dual Goals: Increasing Outcomes and Building Organizations Change Capital Fund (CCF) invests in sophisticated community organizations that have developed, and are now executing, poverty-fighting strategies to create communities of opportunity. The four-year initiative is unusual in its dual focus on increasing economic mobility in high-poverty neighborhoods and increasing grantees’ organizational capacity. […]
December 2015: Using data to transform high-poverty neighborhoods
December 2015 – IN THIS ISSUE – Neighborhoods Count: Using Data to Transform High Poverty Neighborhoods forum co-hosted by CCF and Philanthropy NY | St. Nicks Alliance launches NABE 3.0 | CCF’s new website launches | City Limits coverage | Donor news Experts Discuss Using Data to Transform High-Poverty Neighborhoods (L to R): New York Community Trust’s Pat Swann; Mathew Klein, NYC […]