Attracting funding is the central and defining challenge in community development. There is also a sense of urgency around identifying new funding sources as traditional ones are expected to decline. One answer to combat this challenge is for the board and board chair to play an active role in partnering with the Executive Director.
Mike Burns and Kevin McQueen, partners at BWB Solutions, and special guest Carla Weil, the Chief Strategy Officer from Capital for Change, the largest full-service CDFI in Connecticut, share their experiences effectively identifying funding sources and raising capital to strengthen an organization and provide more impact in low-income communities. Carla Mannings of Partners for the Common Good and CapNexus moderated the panel.