Member-funded credit unions have a strong capacity to positively impact the community, not only in providing lower cost financial services, but also in providing funding for programs that respond to community needs. An example of a state credit union that is pushing the boundaries of impact in housing: the State Employees’ Credit Union (SECU) Foundation of North Carolina, which recently announced a new investment of $10 million over a three-year period to build or renovate a home in every one of the state’s 100 counties.
More than 500 people crowded into the meeting room of Our Lady of the Rosary Church on Benefit St in Providence for the Worker & Community Speakout for Good Jobs and Quality Care on January 17. At issue was the contract negotiation between Lifespan/Rhode Island Hospital and General Teamsters Local 251 representing some 2,500 hospital employees.
According to Local 251, “As a non-profit entity, Lifespan and RI Hospital are supposed to put the healthcare needs of the community first. Unfortunately, management has taken cost cutting measures, causing shortages in equipment and staff that undermine patient care.”
From our union brothers and sisters:
Some Certified Nursing Assistants report having to buy their own equipment to make sure they can monitor patients’ oxygen levels. Physical plant workers report troubling shortages of critical equipment they need to combat mold in ventilation ducts to patient and operating rooms. Now the Hospital is threatening to make the situation even worse by laying off more employees.
At the same time, Lifespan – A Health System paid more than $16.6 million in compensation to just ten executives last year. These individuals averaged $1 million more in compensation than the average compensation earned by CEOs of nonprofit hospitals nationwide. Meanwhile, Rhode Island’s largest healthcare employer has employees working more forty hours per week that get no health coverage.
As the New Year gets underway, we could conjure up a list of “top trends” in philanthropy for 2015 or make a bunch of predictions that we would probably regret twelve months from now, along with all the junk we ate over the holidays.
But we’re going to skip such exercises and instead offer up a quick tour of the obsessions, favorite causes, and pet peeves that we’ll be indulging this year. If you’re still wondering what the agenda is at Inside Philanthropy, you’ve clicked on the right post.
That’s my Bishop!
“We have gotten very good at responding to the immediate effects of poverty. But we are here to ask you, our elected leaders, to help our community, our state, deal with the underlying issues, issues that are too big for the faith community to respond to on their own,” Mr. Knisely said.
The Bronx is a tough part of New York. More than 30 percent of Bronx residents live below the federal poverty line and unemployment is well above the national average, especially for young people of color. That’s why it’s so important that funders like Capital One Foundation are investing in workforce training, to help people get on the first rung of the employment ladder in health care.
“There is still some stigma about men who say, ‘My kids are more important than my work,’ ” said Scott Coltrane, a sociologist studying fatherhood who is the interim president of the University of Oregon. “And basically that’s the message when men take it. But the fact that women are now much more likely to be at least a principal breadwinner, if not the main breadwinner, really changes the dynamic.”