What is your program called, and how does it work? The ASU Lodestar Center for Philanthropy & Nonprofit Innovation is focused on helping nonprofit leaders and philanthropists in our community realize their highest aspirations and accelerate their social impact....
The Latest from CoGenerate
CoGenerate Co-CEO Marc Freedman’s most recent book, How to Live Forever, was published by Hachette/Public Affairs in 2018, generating a lot of great attention. And it’s not over yet! Every week, the New York Times Sunday Opinion section includes a print-only feature...
At This Organization in Santa Barbara County, AmeriCorps Members of All Ages Are Working To Get More People Housed
What is your program called, and how does it work? Santa Barbara Country AmeriCorps Partnership for Veterans and Homeless works closely with local nonprofits and government agencies that are homeless service providers. Our organization focuses on a few things:...
Check Out Our Signature Event On Cogenerational Activism!
On May 22, more than 1,100 people registered to learn more about the important cogenerational work our 2023 Innovation Fellows are doing. These 15 leaders are bringing generations together to solve problems and bridge divides. And each one has a unique and inspiring...
Purpose Prize Fellow 2008
Helping nonprofits access advice and private capital by connecting them to active and retired finance professionals.
John Eric Nelson had always worked in community development and environmental preservation and was frustrated at the way most nonprofit groups faced an erratic funding stream from foundations and government grants. In 1998, at a Rockefeller Foundation gathering on ways to link nonprofits to capital markets, he met Greg Stanton, a Wall Street investment banker, who had founded an organization of financiers eager to donate their Wall Street expertise. Nelson now leads the group. Financial experts of Wall Street Without Walls help community development organizations think through a financing need, identify the best sources and structures for funding it. The finance professionals share their expertise by connecting capital markets with local economic development organizations that serve disadvantaged small businesses, individuals and families. Nelson has engaged national financial institutions including the Federal Reserve Bank system to give non-profits access to more than $1 billion of new mission capital since 2000. More than 2,500 professionals and 1,000 community organizations have taken on projects such as financing 1,000 units of workforce housing in Washington DC; creating a mortgage loan system for immigrant home purchasers; leveraging under-used federal assets to back a $1.1 billion infrastructure bond in New Orleans; and designing a national investment fund for micro-enterprise organizations. “My entire life’s experience has been my training for this unusual opportunity, and I am ready to take it on, at 61 years of age.”