News & Event
What began in 2009 as an urgent response to a national economic meltdown grew into a three-year initiative to help the Greater Cincinnati region weather the worst of what was ultimately a cataclysmic economic storm. The Weathering the Economic Storm (WTES) initiative brought together
As we bring WTES to a close we are proud to report that this initiative has touched the lives of nearly 95,000 children, adults and seniors. $4.5 million in grants was awarded to 127 nonprofit organizations in the areas of safety net services, housing stability, early childhood education, organization stabilization. In addition, an investment of $99,000 has already leveraged more than $5.5 million from federal and state sources.
GCF’s overall investment of $1.7 million leveraged an additional $2.75 million from other local funders and individual contributors.
Greater Cincinnati Foundation is known for strategically connecting people with purpose. While those needs are always important and timely, there are also events which require an immediate response. The devastating threat of Hurricane Florence to millions of our neighbors in the coastal regions of southeastern United States is one such moment.
Locally, here are two organizations that are organizing relief efforts in the wake of the storm:
Matthew 25 Ministries
American Red Cross Greater Cincinnati-Dayton Region
In the region likely to be hardest hit, Foundation for the Carolinas has established a Hurricane Florence Response Fund.
You could also consider supporting these two local funds dedicated to supporting those in need:
The purpose of the Heart of South Georgia Fund is to support the ongoing disaster relief efforts in Albany, Georgia, and other needs of the community.
The Florida Disaster Fund is the State of Florida’s official private fund established to assist Florida’s communities as they respond to and recover during times of emergency or disaster. In partnership with the public sector, private sector and other non-governmental organizations, the Florida Disaster Fund supports response and recovery activities.
Funds raised will go toward disaster-related response and recovery. Donations to the Florida Disaster Fund are made to the Volunteer Florida Foundation, a 501(c)(3) charitable organization, and are tax deductible.
In times of critical need, we remember that the definition of “neighbors” extends far beyond our own back yard. Those connections strengthen and sustain us all.
About Greater Cincinnati Foundation
As the region’s leading community foundation, Greater Cincinnati Foundation connects people with purpose in an eight-county region in Ohio, Kentucky and Indiana. GCF is leading the charge toward a more vibrant Greater Cincinnati for everyone – now, and for generations to come.
Our region needs 40,000 more affordable housing units. As the COVID-19 pandemic continues its devastating impact on the economy, resulting in job losses and evictions, the crisis will only accelerate. Further, the pandemic and staggering affordable housing gap disproportionately affect the Black community; which already faces the highest unemployment rates in Hamilton County and significant job and wage disparities. The need is urgent.
Our neighbors in poverty cannot work their way out when they are spending over 30% of their income on housing. Poverty is merely the symptom of much broader systemic issues that must be addressed – systems that determine housing placement, fair lending practices, renters’ rights, access to development subsidies and tax abatements.
To achieve equitable, accessible and affordable housing throughout Cincinnati and Hamilton County, we must change the existing systems – many of them built on racist principles – that continue to leave too many residents behind, particularly Black women. Tackling the affordable housing crisis means we are addressing a key piece of her ecosystem.
We encourage you to think about how you can help drive this work forward. It’s critical for the growth of our region and for those, especially Black women, who call it home.
Ways to learn more and get involved:
In addition to being a partner and convener for the Housing Our Future strategy, GCF is addressing the housing crisis through the following investments:
Join us in this important work. Contact Robert Killins at email@example.com to learn more.
Together, we can solve our region’s affordable housing crisis.
We previously shared with you LISC’s Housing Our Future report, the culmination of a year-long collaboration between public, private and nonprofit leaders, for which Greater Cincinnati Foundation (GCF) was a partner, convener and funder. It outlines strategies to help everyone in Cincinnati and Hamilton County have access to quality affordable housing in the places they want to live.
As we have a deficit of 40,000 affordable and available housing units, the need for action is urgent.
GCF launched the Affordable Housing Impact Investment Pool (AHIIP), which funds the construction of high-quality rental units and the building of renters’ equity accounts. We have invested $1 million toward a $5 million targeted fund size to help bridge the affordable housing gap.
To further strengthen our response to the crisis, GCF has partnered with Cincinnati Development Fund (CDF), which fills gaps not covered by traditional lenders, providing funding for real estate development in under-served markets in the Greater Cincinnati area. The AHIIP will help enable CDF to make these affordable loans available to developers.
Now, you can help ensure our families in need have quality, affordable housing in three ways:
With impact investing, donors enjoy two types of returns: a social return, because our community benefits from their generosity, and a financial return. The investments have a 1 percent return rate every year, in addition to a return-of-investment guarantee. The hope is that donors would then use their financial return to contribute to charitable causes again.
Learn more about our region’s affordable housing crisis and how to help by registering for LISC’s Housing Our Future webinar series and watching recordings of previous events here. If you are interested in learning more about AHIIP, please contact Director of Special Initiatives Robert Killins at (513) 768-6151 or firstname.lastname@example.org.
CINCINNATI (February 2, 2016) — The Women's Fund's talks to Soapbox Cincinnati about how gender affects a variety of issues in the community, and that gendered lens often helps reveal solutions to those issues.
The Women's Fund of The Greater Cincinnati Foundation leads our community in ensuring the economic self-sufficiency of women in our region. We thank Soapbox Cincinnati for featuring our work!
“It was the most insightful and thought-provoking training about the big-picture perspective that I have ever attended.” — Lt. Chantia Miller, Cincinnati Police Department
Greater Cincinnati Foundation (GCF) is hosting Racial Equity Matters trainings this year as part of its commitment to the pursuit of racial equity in our region. We believe it’s the vital work of our generation to bring our community together for conversations that lay the groundwork for collaboration and move us forward in impactful ways.
The first of this year’s sessions — hosted by GCF in April with community partners and conducted by the Racial Equity Institute — were attended more than 100 community members, and future sessions are filling quickly. We’re pleased that the response has been so positive, and that there is interest from a broad array of community stakeholders, including donors, business leaders, nonprofit organization staff and public officials.
The sessions include Groundwater, a half-day introduction to content on racial equity that explores the structural and cross-sector nature of racism; and Phase 1, a two-day session that covers talking points, historical factors and an organizational definition of racism.
The next Groundwater and Phase 1 trainings will also be offered in June, and the registrations for those and subsequent sessions have been strong. Based on feedback from participants, GCF is planning debriefing discussions for individuals who have completed Groundwater and Phase 1 — stay tuned for details.
As a gift to the community, GCF and its generous partners are underwriting the cost of first-year trainings to build awareness about the program’s value to the community. Sessions are scheduled through November. For further information about Racial Equity Matters trainings, and to register for upcoming dates, click here.
720 E. Pete Rose Way,
Cincinnati, OH 45202
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