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March 19, 2015 / Ciara Myers, Editor

Impact investing: a continuously growing trend in philanthropy

FOUNDATIONS/IMPACT INVESTING
Opinion: More and more foundations are getting into impact investing as a means of generating greater financial and social return. As the practice broadens, an author shares how foundations wishing to get involved can stay involved and remain relevant. (Chronicle, 3/18)

Impact investing needs to be judged based on how much incremental capital it attracts and the social results it creates. It’s time to stop worrying about being a catalyst and instead discover and track the opportunities where impact investing is the best tool for solving a problem. Impact investing can’t resolve the cross-purposes that are inherent in the way today’s foundations operate, but it will become the must-have app if philanthropists expect to stay relevant.

Related: WRAG has identified a regional issue that would benefit greatly from impact investing. For more information, please contact Gretchen Greiner-Lott.

NONPROFITS
– In the D.C. and New York City metropolitan areas, nonprofit organizations are seeing major growth and are increasing pay and staff size. Along with that growth, however, comes an increase in competition for top candidates as job seekers cite low salaries as a leading reason for turning down positions. (Chronicle, 3/17)

3 Tips for Telling Stories That Move People to Action (Chronicle, 3/18)

Related: Paul VandeCarr, who wrote this piece, spoke to our community last year about effective storytelling practices and techniques. He gave us some follow-up tips on the Daily. (Daily, 6/2014)

RACIAL JUSTICE | A new study from the American Civil Liberties Union found that, in Maryland, unarmed African Americans were killed at 10 times the rate of unarmed whites in the past four years. (WAMU, 3/19)

TRANSIT
– The District’s plan to revive the streetcar system was predicted to spur growth on H Street NE and Benning Road. As the future of the streetcar hangs in the balance, residents wonder if the Benning Road corridor will ever see the revitalization that H Street has. (WCP, 3/18)

– After cancelling the Columbia Pike and Crystal City streetcar lines, the Arlington County Board announced that there will be no alternative plans presented until 2016. (ARLnow, 3/18)

Maryland is still searching for ways to make the Purple Line cheaper (GGW, 3/19)

AGING/HEALTHCARE
D.C. home health-care workers organize to seek $15 an hour (WaPo, 3/19)

Related: In 2013, we published What Funders Need to Know: Quality Care = Quality Jobs, which takes a look at how direct care jobs can be improved in order to better support workers, as well as ensure better care for our rapidly aging population. (Daily, 6/25)

– How will the U.S. prepare for the estimated 11.5 million Americans over the age of 85 by the year 2035 – a significant increase from a current 5 million? At a recent panel in D.C. on the issue, an author offered her recommendations for an approach to accommodate aging baby boomers. (Forbes, 3/17)

ENVIRONMENT | Beginning in early 2017, Prince George’s County plans to join D.C. and Montgomery County in banning Styrofoam containers. The move is an effort to address landfill and littering problems in the area. (Gazette, 3/19)


Farewell, Internet Explorer…

– Ciara

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