From Nonprofit Quarterly <[email protected]>
Subject Impact Investing, Grassroots-Style
Date March 31, 2021 6:14 PM
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Proposed new legislation to rein in CEO salaries, a redesigned training for an online world, and how racist violence transformed a Virginia town.

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** Economic Democracy Weekly
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Welcome to our latest Economic Democracy Weekly. This week, we feature an Economy Remix article that previews a report from Transform Finance, published today, that flips the lens on impact investing—rather than asking how investors can achieve impact, the authors ask how BIPOC communities can leverage impact capital to build community wealth and power. And if communities are going to direct investment, then popular education becomes critically important; Alex Stone relates how a national co-op developer network has retooled its education program to reach more people online amid COVID-19. This week, we also bring you an article on Jim Crow white violence and Black land loss, based on deep genealogical research. We’ve covered Black land loss ([link removed]) and the intersection of race and class ([link removed]) before, but you won’t
want to miss this powerful account; it’s a story that shows how the groundwork for our modern-day inequity was laid. Last but not least is an article looking at recent US Senate hearings on a bill by Bernie Sanders that would raise corporate income tax rates on companies that pay CEOs excessive compensation. For more, read on!
Economy Remix
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Power Building Meets Impact Investing ([link removed])
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A year into a pandemic that has devastated small businesses, especially in BIPOC communities, a timely new report looks at how grassroots community groups can design investment strategies to meet their needs. Read more... ([link removed])
SPONSORED CONTENT
New Pandemic Era Philanthropic Report ([link removed])
Garnering over 1,000 responses across all nonprofit sectors to track the impact of COVID-19 pandemic, this report includes stats on the mixed effects on fundraising in 2020, racial equity and social justice, and successes with virtual major gift solicitations.
Download the full report here. ([link removed])
Articles

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A COVID-19 Pivot: Retooling Co-op Education for a Pandemic World ([link removed])
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When COVID-19 hit, a flagship co-op education program shuttered. But a new program emerged in its place. Read more... ([link removed])

SPONSORED CONTENT
Wasting the $10,000/Month Google Ad Grant? ([link removed])
Nonprofit Megaphone Helps 300+ Nonprofits Manage & Maximize the Google Grant. Read Dozens of Case Studies from Nonprofits Like Yours. Recommended by the Global Head of Google Ad Grants.
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How Gwynn’s Island Became a “White Man’s Paradise” ([link removed])
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Two women whose families were connected by slavery uncover the history of how a thriving Black community in Virginia was wiped out in the 1910s by white violence. Read more... ([link removed])

SPONSORED CONTENT
We Give Summit 2021: Stronger Together ([link removed])
Learn, grow and connect with everyday givers from around the world this May with 25+ sessions and 60+ speakers including Congresswoman Pramila Jayapal and Author Edgar Villanueva.
Register for We Give Summit Week 1 FREE ([link removed])
Policy
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Federal Bill to Limit CEO Pay Marks One Step toward Fairness and Equity ([link removed])

A measure to tax companies that maintain extreme pay gaps between CEOs and workers advances in Congress. Read more... ([link removed])

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