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Posts Tagged ‘Holly Hall’

Holly Hall writes at the Chronicle of Philanthropy that teens are more likely to do volunteer work if there’s a social aspect.

“More than half of American teenagers and young adults volunteered [in 2011], and the best way to enlist this group turns out to be peer pressure: Three quarters of people ages 13 to 22 whose friends volunteer regularly also do so, which is nearly twice the number of those who pursue voluntary activities based on their concern about particular social issues. …

“Those were the key findings of new research results released [Oct. 24] by DoSomething.org, a group working to get young people involved in social change.” More.

At the high school Suzanne and John attended, volunteering was required. But they also did things that just interested them. I remember Suzanne in a play targeting the cycle of domestic violence and John working on peace and justice activities.

The organization pictured below is City Year, “an education focused, nonprofit organization that unites young people of all backgrounds for a year of full-time service to keep students in school and on track to graduation.”

Suzanne’s friend Lisa did a City Year and thought it very worthwhile. Today, I often see the kids in their distinctive jackets on the train, and I once went door-to-door to help City Year’s public-spirited cofounder in a primary election for the Senate.

Photograph: Charles Krupa/AP/File
City Year volunteers sing the national anthem outside Faneuil Hall in Boston. The volunteers age 17 to 24 will work in a variety of community-service programs. The best way to encourage teens to volunteer is to make it a way to get together with their friends, a new report suggests.

 

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More and more nonprofits are creating investment opportunities for well-wishers who want to support the charity’s mission while also receiving a modest return on their money.

New Hampshire Community Loan Fund is one I know about. “Investments in the New Hampshire Community Loan Fund are stable, pay interest to the investor and create opportunity many times over in New Hampshire’s communities,” says their website. “The money that people and institutions invest in us, combined with our own capital, creates the pool of funds from which we lend to create opportunity for decent housing, child care and jobs for families with low or moderate incomes.

“Our borrowers are people and nonprofit organizations that won’t qualify for a bank loan, but that are responsible and motivated to achieve their goals, including repayment. We connect them with the specialized training and support they need to be successful.”

The website also notes that the Community Loan Fund “received the highest honor in our field: the NEXT Award for Opportunity Finance. We were selected from among the country’s top community development financial institutions for providing fair, fixed-rate mortgage loans to help people in New Hampshire’s resident-owned communities build value in their home.” (Resident-owned communities are parks for manufactured housing at which the residents own not just the home but also share ownership of the land. They are a specialty of the Loan Fund.)

At The Chronicle of Philanthropy, Holly Hall writes about how the Nature Conservancy is using the concept of an investment vehicle for supporters.

Hall writes, “Project manager Jeff DeQuatro walks on a protective reef built by the Nature Conservancy off Coffee Island, Alabama. The environmental group has started Conservation Note, an investment program that returns the principal and interest of up to 2 percent to the charity’s supporters.

“Since April 2012, the Nature Conservancy has secured more than $16 million with the Conservation Note, a new investment program that will return an interest rate of up to 2 percent to the charity’s supporters. Under the arrangement, supporters who provide at least $25,000 to the Nature Conservancy to invest for a term of one, three, or five years will earn 0 to 2 percent in interest and get all their money back. The Conservation Note has been given a double-A rating by Moody’s.

“The Nature Conservancy will use the money from supporters to help it shoulder the costs involved in transferring a protected piece of land.

“For instance, the Nature Conservancy recently purchased a Colorado ranch on sensitive land and obtained a conservation easement that prohibits the land from being developed, thereby lowering its value. The lower price made it possible for five families with adjacent ranches each to buy a portion of the property back from the Nature Conservancy. The buyers all agreed not to develop the land.

“Money from the Conservation Notes helped the charity make up the costs involved in selling the land and getting the easement.

“ ‘What is so exciting is that it opens up a whole new avenue of supporting conservation with resources aside from philanthropy,’ says Charlotte Kaiser, who manages the program.” More on how it works.

Photograph: Brian Snyder/Reuters/File
Project manager Jeff DeQuatro walks on a protective reef built by the Nature Conservancy off Coffee Island, Alabama. The environmental group has started Conservation Note, an investment program that returns the principal and interest of up to 2 percent to the charity’s supporters.

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