According to a report funded by The Philadelphia Foundation that examined the financial health of local nonprofits, more than 40 percent are running at a loss or producing no surplus at all.
Seventeen stakeholders have been named to a new oversight board for the Rebuild initiative to improve Philadelphia's public spaces. Their first public meeting is 11/1.
Funders have recommitted their support of the Nonprofit Repositioning Fund for a second round through 2020. Moving forward, the Fund will be establishing an administrative relationship with New York-based SeaChange Capital Partners.
PolicyLink announced that Philadelphia has been selected for the first cohort of the All-In Cities Anti-Displacement Policy Network.
A new analysis by The Pew Charitable Trusts looks at the economic and social characteristics of the city’s foreign-born—including their countries of origin, income, level of education, and work status—and examines how these characteristics have changed in recent years, while also making comparisons with the nation, the Philadelphia suburbs, and nine other major cities.
Mayor Kenney arugues that ultimately, the best ways to reduced Philadelphia's systemic, intergenerational poverty are to improve educational and economic opportunities, and to empower residents with the resources they need to get family-sustaining jobs.
The Philadelphia Foundation and the John S. and James L. Knight Foundation are once again partnering to bring On the Table to Greater Philadelphia.
This special story package from the Philadelphia Inquirer spotlights how Philadelphia area businesses and nonprofits are contributing to our community.
Philadelphia Anchors for Growth & Equity, or PAGE, is a new citywide initiative that seeks to significant boost local purchasing by 13 city universities and hospitals,
Nadya Shmavonian, director of the Nonprofit Repositioning Fund, argues that the sustainability of vital services and community assets is threatened by the weakened financial health of nonprofits, and it is in our collective interest to identify and support innovative solutions that support the longterm viability of these important organizations.
