logo
    • Magazine
    • Membership
    • Donate
  • Racial Justice
  • Economic Justice
    • Collections
  • Climate Justice
  • Health Justice
  • Leadership
  • CONTENT TYPES
  • Subscribe
  • Webinars
    • Upcoming Webinars
    • Complimentary Webinars
    • Premium On-Demand Webinars
  • Membership
  • Submissions

Rochester’s Cooperative Wealth-Building Nonprofit Poised for Action

Ruth McCambridge
November 4, 2016
Share
Tweet
Share
Email
Print

November 3, 2016; Democrat & Chronicle (Rochester, NY)

As NPQ reported earlier this year in its nonprofit newswire, the city of Rochester, New York, has launched an effort to support the development of worker co-ops as a substantive approach to shared wealth-building. A large part of the activity is to be organized through a nonprofit holding company, the Rochester Market Driven Community Cooperatives Corporation, which will help in training, raise seed money, and otherwise support development. Rochester’s mayor, Lovely Warren, reported this past week that the organization, which is waiting for notice about whether it will receive a state grant of more than $5 million, is also waiting for its nonprofit status.

Sign up for our free newsletters

Subscribe to NPQ's newsletters to have our top stories delivered directly to your inbox.

By signing up, you agree to our privacy policy and terms of use, and to receive messages from NPQ and our partners.

The plan is to fund the comprehensive wealth-building effort through a combination of public and private philanthropic dollars. According to the report that informs the initiative, which the Democracy Collaborative produced, the intention is to create for-profit, majority-employee-owned businesses. The report itself, which includes a feasibility study, a discussion of structural and governance questions, an implementation plan and much more, is worth looking at by anyone considering similar efforts in other localities.—Ruth McCambridge

Share
Tweet
Share
Email
Print
About the author
Ruth McCambridge

Ruth is Editor Emerita of the Nonprofit Quarterly. Her background includes forty-five years of experience in nonprofits, primarily in organizations that mix grassroots community work with policy change. Beginning in the mid-1980s, Ruth spent a decade at the Boston Foundation, developing and implementing capacity building programs and advocating for grantmaking attention to constituent involvement.

More about: CollaborationCommunity DevelopmentCooperatives and Employee OwnershipNonprofit News

Become a member

Support independent journalism and knowledge creation for civil society. Become a member of Nonprofit Quarterly.

Members receive unlimited access to our archived and upcoming digital content. NPQ is the leading journal in the nonprofit sector written by social change experts. Gain access to our exclusive library of online courses led by thought leaders and educators providing contextualized information to help nonprofit practitioners make sense of changing conditions and improve infra-structure in their organizations.

Join Today
logo logo logo logo logo
See comments

Spring-2023-sidebar-subscribe
You might also like
The Nonprofit Sector and Social Change: A Conversation between Cyndi Suarez and Claire Dunning
Claire Dunning and Cyndi Suarez
Nonprofits as Battlegrounds for Democracy
Cyndi Suarez
Co-ops and Solidarity: Reflections from Barcelona
Belén Marco and Tori Kuper
Cooperatives as Ancestral Technology
B. Vanessa Coleman
Setting a Co-op Table for Food Justice in Louisville
Lisa Markowitz and Ariana Levinson
From Scarcity to Inspiration: Rethinking the Value of Nonprofit Facilities
Joe Neri

NPQ Webinars

April 27th, 2 pm ET

Liberatory Decision-Making

How to Facilitate and Engage in Healthy Decision-making Processes

Register Now
You might also like
The book "Nonprofit Neighborhoods" leaning against a wall
The Nonprofit Sector and Social Change: A Conversation...
Claire Dunning and Cyndi Suarez
Nonprofits as Battlegrounds for Democracy
Cyndi Suarez
Co-ops and Solidarity: Reflections from Barcelona
Belén Marco and Tori Kuper

Like what you see?

Subscribe to the NPQ newsletter to have our top stories delivered directly to your inbox.

See our newsletters

By signing up, you agree to our privacy policy and terms of use, and to receive messages from NPQ and our partners.

NPQ-Spring-2023-cover

Independent & in your mailbox.

Subscribe today and get a full year of NPQ for just $59.

subscribe
  • About
  • Contact
  • Advertise
  • Copyright
  • Careers

We are using cookies to give you the best experience on our website.

 

Non Profit News | Nonprofit Quarterly
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.