I'm always amazed at how brighter minds than mine develop these financing tools for good works.
Creative finance at its best: funding innovative approaches to humanitarian relief.
Vermeer Consulting Group brings fresh perspective to organizations on the verge of change: growth situations, new strategic opportunities, and challenging business environments. Infused with deep experience in both for profit and non profit organizations in the US and abroad, Vermeer Consulting Group offers practical, strategic approaches to growing organizations as well as those facing significant challenges.
External link for Vermeer Consulting Group LLC
6824 Shawnee Road
Richmond, VA 23225-1714, US
I'm always amazed at how brighter minds than mine develop these financing tools for good works.
Creative finance at its best: funding innovative approaches to humanitarian relief.
After 5+ years of supporting organizations that make loans to refugees who have resettled in the US, I've seen this research in action. It's amazing what a small investment in people trying to rebuild their lives will do to set them on a path to thrive in a new country.
🌍 Refugee Resettlement Agencies: Economic Engines in Disguise 🚀 We often think of the United States Conference of Catholic Bishops, World Relief, International Rescue Committee and other refugee resettlement agencies as empathic, generous and compassionate. That is absolutely true. And, if we look at the data, they are all that and much more. For example, a groundbreaking 2017 National Bureau of Economic Research study by Evans and Fitzgerald reveals these organizations are also engines of economic progress! 💪 https://lnkd.in/gcyv2SK4 Resettlement agencies don't just save lives - they drive economic growth! 📈 🔍 Key findings: Refugee workforce dynamos! 💼 - Refugees surpass U.S.-born residents in labor force participation and employment after just 6 years, despite initial barriers. - Entrepreneurship among refugees rises with time, leading to thriving businesses. Refugees' economic impact soars! 🚀 - Refugees' incomes grow rapidly as they gain experience and skills. - After 8 years, refugees become net tax contributors. - Over 20 years, refugees pay $21,000 more in taxes than benefits received on average. Of course, there is a limiting factor for even more growth: affordable and available housing. 🏘️ More units means we can further unleash our nation's economic potential. The bottom line? Refugee resettlement is both the right thing to do AND a smart investment in our shared future. 🌟 #RefugeesWelcome #ResettlementWorks #PowerOfCompassion
Articles like this point out how far we have to go to close gaps caused by historical injustice- and features 3 inspiring women working diligently for that cause:
I like to think that my experience as a Board member informs my ability to be a better consultant. Here's more about my work with one of the Boards I've been most committed to:
A glimpse into how I spend some of my spare time in Board work
Innovators across the globe showing how small amounts of support can catalyze organizations to greater impact.
Stories like this catch my eye- because someone takes the leap to be on the cutting edge of trying to improve a situation and is willing to face all the risks involved. I hope this young doctor - with all the support he's getting- can demonstrate this can be done.
A quick story on how one non-traditional lender has made an impact.
Non-traditional lenders like The Fountain Fund really do make a difference- even Equifax sees the benefits:
Non-traditional lenders like The Fountain Fund really do make a difference- even Equifax sees the benefits:
More amazing stories from IRC's Center for Economic Opportunity!
Swipe ➡ to meet four refugees who are rebuilding their financial futures. Since 2019, our partnership with WellsFargo has been supporting our financial capability programming, Pathways to Financial Wellness, implemented in 11 communities across the US as well as virtually on a multilingual web platform, which provides financial education, coaching, and affordable financial products designed to meet the needs of diverse low-income populations. This year, we’re proud to announce Wells Fargo has committed to further supporting the Pathways to Financial Wellness program, backing the IRC’s aim of serving more than 5,500 individuals across the US with high quality financial capability programming and affordable financial products. Learn more about this exciting partnership and the stories of these inspiring refugee entrepreneurs. https://lnkd.in/gYfw2Cxh