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An Open Letter to Arts Funders: Create a Pooled Loan Fund

BalletX by Chris Kendig
Tuesday, March 24, 2020
... Marcelle Hinand As many of you know, most mid-sized arts organizations in the United States have less than three ... such as endowments or other permanent capital according to the Nonprofit Finance Fund 2018 survey of nonprofit ... are protected by endowments and reserves. Small community-based arts organizations are often working hand to ...

What Barra Foundation has learned from dipping a toe into mission investing

Wednesday, August 9, 2017
... was coming in the funding world — but was hesitant to jump in herself. We’re talking  mission investing , and ... rehabbing them and renting them out as artist and community spaces. ( Generocity  profiled New Day cofounder ... equity in six social enterprises  and loans out to 35 organizations. There may come a time when every foundation ...