Why do CDFIs establish Advisory Boards?
In 2017, FUND Community Institute conducted research on CDFI Advisory Boards to gain insight on the extent to which CDFIs integrate Advisory Boards as a component of their business models. CDFI Advisory Boards are a rich resource that are often underutilized. Future blogs will share information on innovative practices that are being employed that could […]
What do CDFI Advisory Boards do?
In 2017, FUND Community Institute conducted research on CDFI Advisory Boards to gain insight on the extent to which CDFIs integrate Advisory Boards as a component of their business models. CDFI Advisory Boards are a rich resource that are often underutilized. Future blogs will share information on why Advisory Boards were formed and what innovative […]
CDFI Advisory Boards: Going Beyond Accountability
In 2017, FUND Community Institute conducted research on CDFI Advisory Boards to gain insight on the extent to which CDFIs integrate Advisory Boards as a component of their business models. In the current political and financial environment, it is increasingly important for CDFIs to make use of all available resources to build organizational capacity. As […]
CDFI Program Awards: Insights into Funding Decisions, Celebrating Success
On September 10, 2015 the CDFI Fund announced awards to 195 Community Development Financial Institutions (CDFIs) totaling $202 million in grants and loans through the latest rounds of the Community Development Financial Institutions Program (CDFI Program), the Native American CDFI Assistance Program (NACA Program) and the Healthy Foods Financing Initiative ( HFFI). Those receiving assistance […]
Successful round of CDFI Program and NACA Program funding
FUND Consulting had another successful round of CDFI Program and NACA Program funding, with 30 organizations receiving $38,368,334 in awards. Our insights on the funding round are available on our blog: CDFI Program Awards: Insights into Funding Decisions, Celebrating Success
Consumer Credit for Military Families
As many of our readers know, CDFIs are set up to provide access to capital in underserved markets. One market segment that is getting increased attention are military families. Policies have been enacted to address the consumer credit needs of this population. The Military Lending Act was enacted by Congress in 2006 as part of the John Warner […]
CDFI Boards and Fundraising, Week 8: Considerations for Increasing Board Member Fundraising
Over the past eight weeks, the FUND Consulting Blog Smart Decisions, Reliable Data has focused on presenting data from our annual industry research project. The project consisted of a survey focused on collecting information on CDFI Boards and Fundraising. FUND Consulting chose this topic as a result of key themes that emerged while conducting strategic planning for […]
CDFI Boards and Fundraising, Week 7: How Much Money do CDFI Boards Raise?
Much of this blog series has presented data indicating that CDFI Boards lag behind the general nonprofit sector in fundraising. This week we offer some of the data the FUND team gathered on just how much money boards raise for their CDFIs. Survey respondents indicated that 30% of CDFIs have boards that engage in fundraising. Almost half […]
2014 Annual Report
2014 was a banner year for FUND Consulting! We moved to a larger office location, worked with a record number of clients, and implemented a new business model based on the results of our strategic planning. Read more in our Annual Report.
CDFI Boards and Fundraising, Week 6: Strategies for Board Engagement in Fundraising
Last week’s blog focused on barriers to engaging board members to participate in fundraising. This week, we will concentrate on how some CDFIs achieve board participation in fundraising activities and how the CDFI industry might be lagging behind a bit with respect to other nonprofit organizations. In the nonprofit industry, one of the most common […]