In 2019, 181 CEOs of member-companies of the Business Roundtable announced that the purpose of a corporation must now be defined as delivering value to all stakeholders, including employees, communities, and the environment. Pitched as a dramatic redefinition of the […]
In the face of bad headlines–wildfires, the Delta variant, the Gulf Stream on the verge of collapse–I double-down on productive actions I can take: calling elected officials, donating, and finding ways to use Capital Good Fund as a better and […]
One of the primary things I’ve learned over the past twelve years working in the nonprofit space is that, first, we know how to solve many of the challenges we face–climate change, poverty, you name it. And second, that we […]
When I started Capital Good Fund, in February of 2009, together with Mollie West and with the guidance of Alan Harlam, I was woefully unprepared for running a nonprofit financial institution. At the time, I was 24 and had precisely […]
After another week of mass shootings and police murder of unarmed Black men and boys; of despicable voter suppression laws; of political cowardice; and of corporate doublespeak, I’ve had it. For how much longer are we going to pretend that […]
Capital Good Fund’s role is not to prove that one can do well and do good. No, we are here to prove that one can do good, provided what many called an “integrated capital” approach: a mix of grants, low-interest debt, loan guarantees, and good public policy.
I am a wealthy god who cares about the poor.
I’ve built them shopping malls to worship me,
paid for stained-glass windows to let in a little light
filtered in my image, crafted search engines to ask
for things I am too wise to give away:
Celebrating the birthday of a nonprofit you founded doesn’t have the same nostalgia-soaked feeling as your own birthday: rather than the bittersweet recollections of childhood, this celebration has the bracing feel of adulthood.
There are those who believe that corporations have but one purpose—to maximize profits. There are those who believe that business must be a force for good, using free-market principles primarily to serve people and the planet—also known as social enterprise.
Thanks to my good friend Dima Trakovsky, who is an amazing filmmaker and the Co-Founder of his own production company, Filmkraft, I now have three short (1 – 3 minute) videos telling the story of three Capital Good Fund clients: Sherlie (Car Loan), Mamadou (Immigration Loan), and Ana (Immigration Loan). I embed them below. Enjoy!