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Mike Burns's Blog – October 2014 Archive (3)

Nonprofit Boards Gender Diversity

The annual "Women on Boards" is out and the dissapointing findings about Philadelphia area publicly traded companies and nonprofit boards include learning that:

Nearly four in 10 - 39 percent - of top executive positions at 18 area colleges are held by women. Yet women make up only 14 percent of executive ranks at public companies.

At public companies, females fill 12 percent of the board seats, but they more than double that - at 26 percent - at 17 of the region's health care…

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Added by Mike Burns on October 23, 2014 at 4:17am — No Comments

Nonprofit Board and Tainted Money

The decision by Susan B. Komen For the Cure to accept a pretty large (by most nonprofit standards) gift from an oil fracking company appears to be creating for other nonprofits a stir akin to drilling teeth. You can read a "bit" about the issues here.

Included among the "issues":

a) tainted money -- when is it tainted and when/if should a nonprofit not accept such resources

b) public perception - when/if should a nonprofit respond to the "noise"

c) board position…

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Added by Mike Burns on October 17, 2014 at 9:38am — No Comments

Nonprofit Board Leadership

Many find sports to be a good source for life lessons and so I found the following interview in the Washington Post and by Howard C. Fero, the co-author of “Lead Me Out to the Ballgame: Stories and Strategies to Develop Major League Leadership” and an executive coach and director of graduate leadership programs at Albertus Magnus College in Connecticut quite useful…

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Added by Mike Burns on October 4, 2014 at 2:00am — No Comments

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Open Street Project

Local Initiatives Support Corporation

Laying the Cash Tracks for Community Impact

LISC CFO Christina Travers is among the impact investing leaders who contributed commentaries to a new book, The Social Justice Investor, and joined a panel discussion at today’s book launch. In her essay, “Laying the Cash Tracks,” (reprinted here) she explains the evolution of LISC’s capital markets experience—noting how discouraging Wall Street conversations eventually led to transformative, community-focused investments.

Sharing the Story of Social Justice Investing

With the launch of the new book, The Social Justice Investor, LISC’s Christina Travers reflects on the ways that CDFIs have tapped the capital markets to deepen their impact—working to upend lingering misconceptions among some investors. "Whether we are financing affordable housing, small businesses, health, safety, climate resilience, racial equity or jobs, we see financial performance and local impact as part of the same whole."

EPA Awards GRID Alternatives Solar for All Grant

LISC partner GRID Alternatives has been awarded a $249,800,000 Solar for All grant from the EPA to advance renewable and clean energy sources for affordable housing communities across the country. “The grant is an incredible boon to the movement to decarbonize homes and lower energy costs that burden millions of everyday Americans,” said Michael T. Pugh, president and CEO of LISC.

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