innovation

Three Chicago nonprofit organizations to receive investments totaling nearly $3 million

By Mary L. Datcher, senior staff writer, Chicago Defender Chicago Beyond announced the winners of its first-ever innovation challenge and will present three nonprofits with investments that total nearly $3 million overall. Launched by Chicago Beyond in April, the GO Innovate challenge sought early-stage ideas that offer innovative programming in two areas: Supporting College Matriculation […]

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MacArthur, Chicago Community Trust create low-interest loan program for nonprofits

By Lisa Bertagnoli, reporter, Crain’s Chicago Community Trust and the John D. and Catherine T. MacArthur Foundation earlier this year introduced what they say is a win-win for Chicago’s philanthropic community: A way for charitably minded investors to participate in a local social-impact fund and a way for area nonprofits and social-enterprise companies to access […]

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Five things learned from a year of INNovation Fund grants

By Kevin Davis, CEO, Investigative News Network | Last winter was the third round of the INNovation Fund, a micro-grant program managed by the Investigative News Network to help with business experimentation in nonprofit and public-media newsrooms across the country. Unlike for-profit organizations, nonprofit news organizations do not have equity to leverage when seeking capital […]

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Elderly care and the future of social innovation

By Curtis Chang for Stanford Social Innovation Review | Social innovation tends to care disproportionately about the young. Take a look at the Social Innovation Fund’s initial investments, for example, and you’ll find that more than a third are explicitly targeted at youth, with the rest heavily concentrated on relatively online casino young families and […]

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Innovative programs to age in place

By Alexis Abramson, writer, Huffington Post | For an aging person, the move to a skilled nursing facility is a costly one. Nationwide, the average annual cost of a semi-private room in a skilled nursing facility (nursing home) in 2011 was $78,110, according to the 2011 MetLife Market Survey of Nursing Home, Assisted Living, Adult […]

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Nurturing a nonprofit through infancy

Video by Foundation Center | Is your emerging nonprofit organization facing management hurdles it cannot yet handle? A nonprofit incubator could offer your group assistance with getting off the ground and tackling necessary financial and administrative tasks while you’re focusing on key programmatic work. During this Foundation Center seminar, panelists from a variety of organizations […]

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Cooper Union inquiry puts nonprofits on notice

By James B. Stewart, New York Times | In what should be a ringing alarm for nonprofit boards across the country long accustomed to minimal scrutiny or accountability, Attorney General Eric T. Schneiderman of New York has signaled that the laissez-faire approach to nonprofit governance is over. Mr. Schneiderman’s office has sent letters to the […]

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From projects to people

By Ken Banks, Ashoka fellow, Stanford Social Innovation Review | Bill Siemering was about to jump in his cab to make an airport pickup when his home phone rang. It was the vice president of the MacArthur Foundation. “I was shocked,” said Bill, “when he told me I was being awarded a MacArthur Fellowship.” That […]

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Eight common innovation traps

By Gabriel Kasper & Justin Marcoux, Stanford Social Innovation Review | Innovation, it seems, is easier said than done. Despite growing interest in applying innovation methodologies to social sector challenges over the past decade, more often than not, philanthropic efforts to support innovation fall short. That’s because the processes, strategies, and structures that funders need […]

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