Working Capital for Economic Justice Comes in Handy During a Crisis

A nonprofit called Common Future is acting quickly to support business owners during the coronavirus crisis. Their board allocated a set amount of money specifically to keep on hand as a rapid response fund, and by early April 2020, they distributed $250,000 in emergency funding to seven organizations. The recipients are intentionally from disadvantaged communities, like rural, black, Indigenous, and other hard-hit demographics. Each organization used the money in different ways to support their target communities. Common Future also set aside 6 months' worth of operating expenses as a buffer.

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