
The report, An Experiment in Coordinated Investment , is the first in a series documenting the Edna McConnell Clark Foundation's experience with its Growth Capital Aggregation Pilot. The paper describes the factors that led EMCF to develop the pilot, highlights key aspects of this joint approach to supporting the growth and sustainability of three highly effective youth organizations, and outlines what EMCF and its co-investors hope to learn and accomplish over the next several years.
Nineteen co-investors have joined Edna McConnell Clark Foundation and the boards of directors of Nurse-Family Partnership, Youth Villages, and Citizen Schools to support the dramatic expansion of services shown to improve the life trajectories of economically disadvantaged youth and young adults. In her latest update, EMCF President Nancy Roob discusses the progress made so far by the Foundation on its Growth Capital Aggregation Pilot, a new collaborative approach to aggregating growth capital up-front to support the growth of three successful grantees.
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In early 2008, Tennessee’s Department of Children’s Services recognized Youth Villages for better serving youth in state custody under a new performance-based contracting system instituted by Tennessee.
Youth Villages saved the state almost 10,000 care “days” while helping 22% more youth than expected find “permanency” during the fiscal year.
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