The document discusses how catalytic capital can help address issues like bridging the racial wealth gap, community equity investments, and faith-based economic development. It explains that catalytic capital can take the form of early-stage, high-risk funding to help minority-owned businesses get started. It can also come from philanthropic church investments in affordable housing and local businesses. When aligned with mission, endowments and other capital sources can provide funding for projects that create economic opportunities in underserved communities.

1. Connects with
Catalytic Capital
Connects with
Ownership Matters
Connects with Bridging the
Racial Wealth Gap
Connects with Community
Equity Investments
Connects with Local
Economic Policy
Connects with
Faith on Main Street
Connects with Church
Assets in Transition
Connects with Aligning
Endowments
Catalytic
Capital
... can help bridge the
Racial Wealth Gap by
being the patient, risk-
taking capital that enables
BIPOC owners to purchase
businesses that would
otherwise close,
destroying main streets all
over the country.
... can be the early stage,
risk-taking capital that
makes projects that Bridge
the Racial Wealth Gap
become real.
... can accelerate
Community Equity
Investments quickly with
its concessionary capital
with a high-risk tolerance.
Policy makers respond
when they see Catalytic
Capital being invested in
ways that benefit their
civic goals.
... can come from
churches when they
philanthropically invest
with a neighborly approach
in their communities,
putting their Faith on Main
Street.
... is essential when
congregations integrate
their facilities into
neighborhoods. Catalytic
Capital can accelerate
projects to repurpose
property for subsidized
housing or other major
developments.
... may pave the way as
Endowments look to shift
their investments toward
mission.
Ownership
Matters
... needs the Catalytic
Capital that can be the
patient, risk-taking capital
that enables BIPOC
owners to buy businesses
that could close,
destroying main streets.
... offers a doorway to
business ownership for
BIPOC who otherwise
would not have an option
to become owners.
Connections still to be
discovered...
... helps preserve the tax
base through employee
and BIPOC ownership of
Boomer businesses ready
for sale.
... can learn to depend on
the Church as a vital ally
as they move to more
economically just
ownership of Boomer
businesses.
Connections still to be
discovered...
Denominational funds can
invest in or give to projects
that create employee- or
BIPOC-owned businesses.
Bridging the
Racial
Wealth Gap
Early stage and risk taking
Catalytic Capital can be
the funding that allows
projects that Bridge the
Racial Wealth Gap to
become real.
... can be accelerated
through BIPOC becoming
owners of Boomer
businesses.
When neighbors create
Community Equity
Investment in their
neighborhoods, this can
help with Bridging the
Racial Wealth Gap.
... can help sole-
proprietors become job
creators, enhancing
progress towards the
economic goals of local
governments.
... happens when new
initiatives are invested in
philanthropically by
congregations learning to
be effective allies with
their time, talent, and
treasure.
... can happen when a
congregations' assets are
invested in affordable
housing for BIPOC
communities for whom the
market would not supply
adequate inventory.
... can be accelerated by
Endowments that enable
congregations to thrive
when they fund initiatives
that offer opportunities for
neighborly engagement.
Community
Equity
Investment
... need Catalytic Capital
with its high risk tolerance
to be the early adopting
investor so that the trusts
can get real faster.
Connections still to be
discovered...
... can help Bridge the
Racial Wealth Gap when
neighbors invest in local
businesses.
Broad based local
crowdfunding enables
Community Equity
Investment to gather
backing from local
officials to help them fend
off developers bent on
displacing local
businesses with their
affluent invasiveness.
Local congregations,
through their mission
funds, can
philanthropically invest in
Community Equity
Investments to create
greater connections to
their local economies.
Connections still to be
discovered...
Church Endowments
focused on creating
thriving local economies
where their churches are
based are often catalytic
investors in Community
Equity Investments .
Local
Economic
Policy
… can shift when policy
makers see Catalytic
Capital being invested in
ways that benefit their
civic goals.
... that encourages BIPOC
investment will help
communities thrive and
build a stronger tax base
as new and more diverse
owners buy businesses
from Boomers ready to
retire.
Local Governments'
economic goals can be
more easily met as policy
initiatives that help sole-
proprietors become job
creators enhance progress
towards Bridging the
Racial Wealth Gap.
… needs a strong, local
commercial real estate
market so that neighbors
can invest locally to create
a more involved citizenry
that literally “buys in” to
the future of their local
economy.
... can be influenced by
strong stands from people
of faith speaking out for
policies that create justice.
... will need to deal with
the 60,000 church
buildings that will become
vacant over the next 5
years. Moving these
properties to the tax base
will could provide funds
for more equitable
development.
Connections still to be
discovered...
Faith on
Main Street
… may provide visionary
Catalytic Capital when
they invest
philanthropically with a
neighborly approach in
their communities.
… can be the catalytic
visionary philanthropic
investors in projects that
result in Black and brown
sole proprietors becoming
job creators and/or buying
businesses Boomers want
to sell in order to retire.
… can mean that
congregations learn to be
effective allies with their
time, talent, and treasure
by philanthropically
investing in new iniatives
that Bridge the Racial
Wealth Gap.
... can find ways to give to,
invest in, be customers of
and engage with the local
Black and brown owned
business, as they work to
create an economy of
neighborliness across
race, class, and
neighborhoods.
... is activated when
congregations use their
influence to stand against
gentrification and
displacement at City Hall.
... can make affordable
housing or shared and
mixed use of faith
facilities to support
projects aimed at
economic justice.
... can encourage faith-
based Endowments to
fund projects that help
congregations engage with
their local economies and
become more relevant in
their communities.
Church
Assets in
Transition
… will need Catalytic
Capital when they choose
to integrate their facilities
into their neighborhoods to
meet local needs.
Connections still to be
discovered...
... can create affordable
housing for BIPOC
communities for whom the
market would not supply
adequate inventory.
Connections still to be
discovered...
... that sell their vacant
buildings can make sure
their assets are used to
enact enlightened Local
Economic Policy in their
communities.
... encourages
congregations to see their
facilities, which are
typically only used nine
percent of the day, as a
way to engage the local
economy.
... that are sold can mean
huge influxes of capital to
align with their missions.
Aligning
Endowments
… may begin to shift their
investments toward
mission, as early movers in
Catalytic Capital pave the
way.
... can invest in or give to
projects that create
employee- or BIPOC-owned
businesses.
... that want to enable
thriving congregations can
fund initiatives that Bridge
the Racial Wealth Gap and
offer opportunities for
neighborly engagement.
… can provide the catalytic
philanthropy or patient
capital that helps
neighbors invest in the real
estate and locally- owned
businesses in their
neighborhoods.
Connections still to be
discovered...
... can fund projects that
enable local congregations
to join economic justice
initiatives as volunteers,
donors, customers, and
neighbors.
... will receive massive
inflows of capital from
churches closing and
selling their property that
they can align with
mission.