The advent of the Internet in general, and tools like Google search in particular, heralded an age in which instant access to all the world’s knowledge would enhance discourse, remove the traditional gatekeepers to information, and lead to greater human flourishing.
A $156 million grant to Capital Good Fund will allow us to reach 15,000+ low-income Georgia households with solar energy, creating tremendous bills savings, emissions reductions, and job opportunities.
It is for good reason that tax-exempt organizations are prohibited from partisan activity and limited in the advocacy in which they engage. As a matter of policy, democracies are right to exempt from taxation work that benefits the common good and not work that advances a particular politician or political agenda.
Too much talk of revolution
makes me hungry, and there
is little in the fridge that makes
one believe in a better world:
By forming OpenAI as a nonprofit, the founders–which included Elon Musk and Reid Hoffman, co-founder of LinkedIn–hoped to avoid what happens to nearly all venture-backed companies: the insatiable profit motive soon overwhelms any stated concerns for social good.
When Capital Good Fund launched the DoubleGreen Solar loan, in Fall 2021, the Federal Funds Rate (FFR) was near-zero, and we priced the product accordingly: by charging borrowers an APR of 3.099% – 4.99%, we could provide a return of […]
Unfortunately, many of us, especially activists and other change agents, understand far too little about what works and doesn’t, why some protests fizzle out and others lead to transformational change.
In an increasingly privatized world, it’s worth remembering that some of our most cherished and trusted institutions–NPR, PBS, the USPS, libraries, the Social Security Administration, credit unions–are nonprofit, not-for-profit, quasi-governmental, or governmental entities. And this is true even as trust […]
In 2008 I was a graduate student with almost no understanding of the financial system–I couldn’t even explain the difference between an interest rate and an APR!–working to launch what would become Capital Good Fund: a nonprofit lender. One day […]
The Inflation Reduction Act (“IRA”) is one of those once-in-a-lifetime, transformational pieces of legislation that’s so far-reaching and chock-full of potential, it’s hard to wrap one’s mind around it. Indeed, when it passed in August the mood in the climate […]