Here's How to Invest in Baltimore's Neglected Neighborhoods

In a commentary by Eric K. Hontz, senior program officer at The Center for International Private Enterprise, it focuses on how Baltimore residents and neighborhoods can break the cycle of poverty and create a virtuous cycle of prosperity and opportunity.

He points out to the model of the European Bank for Reconstruction and Development (EBRD), a bank owned which invests in private enterprises with commercial partners. The EBRD offers many financial products, including loan and equity financing, guarantees, leasing services and trade finance.

Hontz advises that through equity contributed by Baltimore, the state of Maryland, university endowments, foundations and impact investment funds, Baltimore's bank could get government, foundation and commercial buy-in.

According to Hontz, by leveraging the bank's equity and a partnership model, the bank could drive billions into Baltimore's communities. He adds that the concept of a public-private bank aimed at comprehensive redevelopment of a city can be an opportunity for Baltimore.

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Philanthropic Follies

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Financial Aid Information Session Hosted by Kalamazoo Community Foundation
Foundation: Kalamazoo Community Foundation

The Wall Street Journal profiles the new book \"The Good Rich and What They Cost Us.\" According to the reviewer, the book, which covers over two centuries of American philanthropy, posits that...more

As Asian-American Population Grows So Does Philanthropy in the Communities
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Mary Kay Foundation Awards Grants

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Paulding Education Foundation Awards $7,500

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Make-A-Wish Foundation Crapo Park Walk Fundraiser

The Make-A-Wish Foundation will be holding its big fall fundraiser, a walk around Crapo Park in Burlington to help grant wishes of children with life-threatening illnesses, raising on average $8,600...more


Here are the star companies that have succeeded in their corporate social responsibility (CSR) programs. The companies were gathered by Civic 50, a national initiative to survey and rank S&P 500 corporations on how they engage with the communities they serve and utilize best practices in their corporate cultures.




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