Is This Nonprofit Accelerator a Problem-Solver or a Roadblock?


Foundation: Google.org

credit:

Martin Levine of NonProfit Quarterly examines a tech-backed nonprofit accelerator and poses a round of questions asking if this philanthropic effort helps solve problems like inequality, environmental threats, forced migration, and illiteracy or its partnerships make it part of the problem.

Cueing from a Fast Company article describing a tech-backed nonprofit accelerator, Fast Forward, Levine writes that the company is available to very-early-stage nonprofit startups, providing them with $25,000 coupled with training and mentoring. Just recently, Fast Forward has announced it had secured a new round of funding and raised $5 million in new philanthropic funding from leading companies, such as Google.org and many others.

Levin points out that Fast Forward claims its network has touched 51 million individuals and received more than $100 million in funding. So skeptics might wonder if the $5 million might be better spent going directly into the nonprofits' coffers.

Levine asks, do efforts of this kind obscure the severity of the problems an out-of-control extractive economy creates?

Levine quoted Ruth Cambridge who underscored the message of Anand Giridharadas, author of Winner Take All, "It remains to be seen... whether the nonprofit sector will begin asking itself some deeply uncomfortable questions."

According to Levine, these are tough questions when money is tight and dreams and passion are high. Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

Making a City Yours

In LISC's stories, Tope Folarin shares the story of how the Associates in Commercial Real Estate, or ACRE, a program that has become a mainstay in Milwaukee, got started, its impact it has had in the...more

Digital Arts Programs Allow Students To Develop Leadership Skills

The Long Beach Community Action Partnership's (LBCAP) Leadership Academy Mentoring Program (LAMP) helps students to develop their leadership and creative skills. According to Darick Simpson,...more

Alabama Gets $6.3 Million to Combat Opioid Addiction

The U.S. Department of Health and Human Services has recently announced grants of $6.3 million to be awarded to the state of Alabama to help fight opioid addiction. The grants will fund community...more

Novel Giving Strategy - Letting Nonprofits Decide How to Use Funding

Jeff Bezos, founder, CEO, and president of Amazon.com, decided to try something different with his new billion-dollar charity, Day One Families Fund. Bezos, through his charity, announced that he...more

New Program Helping SNAP Recipients Land New Careers

The Food and Nutrition Services Employment and Training Program, a pilot program that is ajoint effort of the county Department of Social Services (DSS), Sandhills Community College (SCC), NC Works...more

Transforming Community through Photography

Isaac Biosse, a Kenyan-born Ghanaian photojournalist, is also a social entrepreneur. He has worked with several companies and charities. He is now the founder and CEO of Aboki Foundation. Aboki...more

Watering the Financial Desert

In this Washington Post article, Gareth Ross, Head of Enterprise Technology & Experience at MassMutual, writes how lack of access to basic financial systems and tools enables countless low-income...more

Social Determinants of Health Innovation Challenge
Foundation: Johnson Foundation, Robert Wood Johnson Foundation

Dick Thompson, executive director and chief executive officer of the Quality Health Network (QHN) based in Grand Junction, often tells stories that offer examples of the social determinants that...more

How Impact Investing Can Foster Affordable Housing

This opinion piece from MarketWatch highlights workforce housing, where impact investors can leverage on to create affordable housing. Meredith Jones, an alternative-investment consultant and...more

Non-profit Tech Company Designs App to Help Toronto's Homeless

Tech nonprofit Ample Labs has developed a web-based app, called Chalmers, to help people experiencing homelessness. The app uses AI (artificial intelligence) to connect people to social services that...more







Social Entrepreneurship
Spotlight



The First Billion-Dollar Social Enterprise in America


The First Billion-Dollar Social Enterprise in America

Mitt Romney’s Bain Capital has purchased 50 percent of TOMS, the One For One shoe, eyewear, and fashion social enterprise that has been providing products to kids in need from every customer’s purchase.




Social Sector Jobs

  Executive Director Jobs
  Education Jobs
  Foundation Related Jobs
  Program Director Jobs
  Fundraising & Development Jobs



Federal Government Grant and Assistance Programs



Edited by: Michael Saunders

© 2008-2019 Copyright Michael Saunders