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Catalogue Blog

In The News …

Investing in Education, Workforce Development, and the Safety Net Will Close the Income Gap (Give It Some Thought: Community Foundation blog): “[...] while our region’s economy has led to economic growth and prosperity for many on the middle and higher rungs of the ladder, residents on the bottom of the income scale largely are being left behind [...] Our philanthropic efforts take on a new urgency as local and state governments are grappling with budget cuts that would have a devastating effect on low-income residents already hit hard by the recession.” CFNCR President Terri Lee Freeman advises focused investment in “three key areas: education, workforce development and the safety net.” You can learn more about Catalogue Education nonprofits here, and those with a job training-based mission here.

High Proportion of Veterans Live in Rural Areas Less Served by Philanthropic Efforts (Nonprofit Quarterly): “[The Daily Yonder’s Bill] “Bishop points out that 30.6 percent of US military veterans live in rural and exurban counties that house only 25.9 percent of the nation’s over-18 population [...] Veterans in Washington, DC — near the Pentagon, Fort Myer, Fort Meade, and Fort Belvoir — account for only 6.9 percent of the adult population in the area.” In other words, veteran populations tend not to be as concentrated in metropolitan areas, which are often the areas with the greatest philanthropic resources to help out. And overall, “if foundations aren’t paying sufficient attention to rural America, they are likely to be underfunding rural communities — communities with disproportionately high numbers of military veterans.”

Prince George’s County April home prices rise (Washington Post): “While local markets vary significantly from neighborhood to neighborhood, almost all of the 22 jurisdictions in the Washington region have seen some price growth over the past year. The notable exception has been Prince George’s County. But in April — for the first time since they started to plummet in early 2007 — home prices in Prince George’s County are up.” The average detached home price in the County peaked in 2006 and then fell by nearly 50% by 2012 (from $400,000 to $185,000); the foreclosure crisis also had a profound affect on Prince George’s. But this month, the average price has risen to $207,000.

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