Heard on the Street: National Small Business Week, funding the fight against poverty, and more!

Heard on the Street – here’s what we were reading last week:

National Small Business Week: Last week, in honor of National Small Business Week, Next Street shared the stories of four entrepreneurs in NYC that received services through our brick-and-mortar and small business programming.

Gates Foundation Pledges $158 Million to Fight Poverty in U.S.: Making them one of the biggest funders in the U.S. antipoverty space, the Gates  Foundation announced a $158 million pledge to support organizations working to eliminate barriers to economic opportunity.

America is more diverse than ever – but still segregated: “The United States is on track to be a  majority-minority nation by 2044. But census data show most of our neighbors are the same race.”

How Funders Often Hurt The Nonprofits They Are Trying To Help: A new report by Open Road Alliance highlights the damage that funders can cause to their nonprofit grantees by “changing their funding strategy mid-grant cycle, delaying disbursement of funds for some reason, or being generally inflexible in how they dole out money that generally cash-strapped groups depend on.”