The Edna McConnell Clark Foundation’s Bigger and Better Capital Flow Creates Its Own Course

The Edna McConnell Clark Foundation has become distinguished for its exploration of a new form of grantmaking: megagrants designed around nonprofit-directed working capital, funding for rigorous evaluation, and capacity building. And now, as the Foundation faces its own voluntary sunsetting, its legacy appears in the form of a more commonly owned funding vehicle built on the same model.

Nonprofit Seeks to Guide Chicago Manufacturers through Generational Change

In Chicago, three in four manufacturing firms are owned by people 55 and older. A majority of these firms lack succession plans. A new nonprofit-public sector partnership aims to change that by setting itself up as a fair broker that can help ensure Chicago’s manufacturing industry remains both in place and locally owned as current owners retire.

Nonprofit Quarterly | Civic News. Empowering Nonprofits. Advancing Justice.
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