$150,000 FOR LEAD POISONING PREVENTION EFFORTS
Our LeadSafeCNY initiative recently received a $150,000 grant from the Mother Cabrini Health Foundation to put toward the cost of hiring a coordinator for the LeadSafeCNY Coalition. Over the past four years, the Cabrini Foundation has provided a total of $625,000 to support LeadSafeCNY. The coordinator will work closely with partner organizations to formulate and implement the coalition’s goals, objectives and strategies. Learn more at leadsafecny.org
ISSUE PAPER RELEASED
Delayed payments to nonprofits from New York state contracts has been an issue since the 1980s. Yet, despite decades of awareness and a multitude of course corrections, frustratingly little progress has been made to remediate this situation, which often results in financial hardship for Central New York nonprofits. In our latest issue paper, Colby Cyrus, CAPM, program manager, and Frank Ridzi, Ph.D., vice president of community investment, examine how often this occurs and what steps nonprofits are forced to take to make up the difference. Then they recommend a new solution that may be helpful in some circumstances. View the full paper at cnycf.org/papers
LAUNCH OF IMPACT INVESTING
Our community faces urgent challenges such as poverty, inequality and a shortage of safe, affordable housing. We are working to make Central New York a vibrant community with equal access to opportunity for everyone. To help us get there, last year we implemented a new tool called impact investing to help create transformational change. Impact investing allows us to use up to 5% of our main investment pool to make investments that generate both financial returns and positive social outcomes. Learn more at cnycf.org/impactinvesting
