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Inclusive Growth Communities: Strategies for Prosperity

Johnson Center
This article is deemed a must-read by one or more of our expert collaborators.
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Giving Compass' Take:

• Juan Olivarez examines how inclusive growth communities address economic stagnation through coalitions between the public, private, and nonprofit sectors.

• As a funder, how can you coordinate with other sectors to create opportunities in your community?

• Read more about philanthropy fueling economic development.


Evidence suggests that fully half of American workers have experienced little to no income growth in decades (Frank & Chin, 2017). Dragged down by debt and growing inequity, many Americans are cut off from opportunity and from the traditional markers of the American dream.

Inclusive growth is a strategy which means that more people share in the rewards of a growing economy and community. Inclusive growth communities are those that invest — through philanthropy, public policy, financial decisions, and community commitments — in the success of efforts like:

  • workforce training and talent development;
  • entrepreneurship and small business success;
  • personal financial security and access to financial resources;
  • neighborhood development and growth;
  • transportation and access; and
  • reducing gaps in health, education, safety, and housing.

Evidence suggests that collaborations across the public, private, and nonprofit sectors are the critical factor in tackling this complexity and creating community success. Building coalitions that utilize a more diverse set of firms, workers, and communities to reach their productive potential offers a compelling opportunity for growth.

Read the full article about inclusive growth communities by Juan Olivarez at the Johnson Center.

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Since you are interested in Philanthropy, have you read these selections from Giving Compass related to impact giving and Philanthropy?

  • This article is deemed a must-read by one or more of our expert collaborators.
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    Why Focusing on Impact Investing Is the Future of Philanthropy

    Giving Compass' Take: • The Caterpillar Foundation explains its move toward impact investing initiatives rather than traditional philanthropic grants and check-writing.  • Impact investing may not work for every philanthropic goal. How do you determine when it's the best course of action? • Read more about the direction of impact investing.  The pipeline project—which was funded by the Caterpillar Foundation, the Rwandan government, and others, and led by charity: water, one of Caterpillar’s partner organizations—is a perfect example of a growing movement within the philanthropic world toward impact investing and strategic partnerships. Over the past decade, donors have become increasingly hesitant to just open their pocketbooks and hope that other groups put that money to efficient use. Instead, they view their donations as investments in the greater good—they want to see results, i.e., returns on those investments—and the Caterpillar Foundation has been a leader and pioneer in this approach. From a practical perspective, here’s how Together.Stronger. works: Rather than awarding a grant to a nonprofit with few or no strings attached, the Caterpillar Foundation mainly invests in programs with clearly defined performance outcomes. And to assess a program’s success, once a grant has been made, foundational staffers require those grant recipients to submit impact reports showing concrete results. The team spends significant time reviewing the reports, looking for hard numbers that show the foundation’s support has affected poverty through measurements like reduced homelessness, an increase in the number of people who have clean, running water, or rising literacy. Beyond the Caterpillar Foundation’s work, the company’s employees are extremely giving of their time and resources. In the past, employees at the company’s Morton, Illinois, facility have volunteered to build a home for needy families in the community. Caterpillar Inc. employees and retirees have donated millions of dollars to United Way agencies throughout the United States and beyond. Read the full article about impact investing at The Atlantic


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