Moving Community Foundation Dollars from Wall Street to Main Street
Monday, June 25, 2018
A growing movement has community foundations investing in local financial institutions and development projects, empowering entrepreneurship in the underserved communities that need it most. Organizations like Self-Help or Reinvestment Fund are a part of this effort and began making headway in 1994 with the creation of the CDFI Fund. This spurred much growth in the CDFI field, with over a thousand existing in the country today.