Strengthening Communities
Mission Investors Exchange Opportunity Zones Resources
External Resource
The OZ program is intended to spur long-term investments in low-income census tracts in the U.S. The new law allows investors to place unrealized capital gains (a profit from an investment that hasn’t yet been sold) into authorized O Funds that invest capital into OZs. The greatest benefits would…
LOCUS National Opportunity Zones Ranking Report
External Resource
With the creation of the federal Opportunity Zones incentive program, trillions of dollars in new private investment will flow into pre-designated low-income communities around the country. But will this investment benefit the people living in these communities now, or will they be displaced as new…
Department of the Treasury Opportunity Zones Resources
External Resource
Treasury and IRS have issued an initial set of proposed regulations and guidance on how the Qualified Opportunity Zone tax benefits under IRC 1400Z-2 (including the certification of Qualified Opportunity Funds and eligible investments in Qualified Opportunity Zones) will be administered.…
DAFs, PRIs, L3Cs - Tools of Social Impact Investing
The use of for-profit entities financed by both nonprofit and for-profit dollars provides a nongovernmental free enterprise way to solve many social issues while adding to the wealth of the populace rather than depleting government funds and heralding a bright future. We commonly call these…
Navigating the Territory: A Guide to Impact Investing for Donors
You can become an impact investor today. This guide created by The Philanthropic Initiative will help you learn the different options you have for aligning your financial assets with your social goals to help for-profit and non-profit social benefit organizations become stronger and more…
Fostering the Grassroots Leadership Capacity of Community
Members, View the Recording
Community Foundations around the country recognize that they must deploy capital beyond financial assets to improve their regions. At the same time, our community leadership has grown frustrated by the pace of change. Most of these leaders have come to understand that…
Webinar Recording: Spurring Opportunity: Entrepreneurship and Community Foundations
Community Foundations are part of the fabric for creating vibrant communities across the United States. They cultivate relationships by connecting people to what matters locally. Given that past work, never has there been a better time for community foundations to play a lead role as a…
A Primer for Funders on CDFI’s: Co-Investing in Opportunity Zones and Inclusive Community Development
Members, View the Recording
With the passage of last year’s tax code overhaul, Congress created Opportunity Zones—areas in low-income census tracks designated by governors, where private equity investors can invest capital gains in new development ventures in exchange for tax forgiveness after 10…
Community Foundations Can Help Make the Most of Opportunity Zones
Interest is growing in a new tax incentive meant to spur growth and economic opportunity in the nation’s most distressed communities. “Opportunity Zones” were included in the 2017 tax bill after a bipartisan push to spur private capital into places that continue to fall further and further behind…
Opportunity Zones: Can Foundations Help Communities Get Ready?
View the Slides
With the passage of last year’s tax code overhaul, Congress created Opportunity Zones—areas in low-income census tracks designated by governors, where private equity investors can invest capital gains in new development ventures in exchange for tax forgiveness after 10 years.…
Building a Cultural Epicenter
Editor's Note: In advance of our Inclusive Economic Prosperity in the Midwest convening, we're highlighting stories from the region. This article was originally published in bMag, a publication by the Bush Foundation. Photography is by David Ellis.
On an autumn afternoon in 2017, Abdirizak “…
Post-Graduation Scholarships
A post-graduation scholarship is a type of charitable grant that foundations would make to attract individuals with career skills needed in a particular region to make their homes and build their careers in that community. A post-graduation scholarship would be awarded to an individual who has…
The 2018 HUD Award Recipients
The Council on Foundations and the U.S. Department of Housing and Urban Development (HUD) have partnered the past six years on the Secretary’s Award for Public-Philanthropic Partnerships. The award emphasizes cross-sector partnerships between the philanthropic and public…
Growing a Community of Philanthropy
The word ”philanthropy” means the love of humanity. It manifests itself as generosity by individuals and organizations for the public good. We’ve seen extraordinary transformations in the Paso de Norte region brought about by the generous spirit of philanthropists – large and small – whose love for…
Leading Together 2019 Conference
It's a Wrap!
Leading Together 2019 was a gathering of leaders in philanthropy and other influencers in business, government, and academia. For three days, the field came together to connect, learn, and share with one another.
We also used Leading Together 2019 as an opportunity to…
Opportunity Zones - A Value to Your Community?
Fundamentals
What are Opportunity Zones?
Created by changes to the tax code in the Tax Cuts and Jobs Act in December 2017, Opporunity Zones are state-nominated, economically depressed communities that are in need of new investment. These investments could, under certain circumstances, be eligable for…