New $22M Philanthropic Initiative Launches to Propel the Community Ownership ...

credit: mcfblog

Facebook founder Mark Zuckerberg is putting his money where his mouth is, with a $22 million initiative to support community ownership of real estate.

The Community Ownership for Community Power (COCP) Fund, announced Tuesday, aims to support community land trusts, housing cooperatives, and other models of community ownership in California, "not speculative developers or other public and private institutions who often fail to engage community leadership," per a press release.

"The launch of the COCP Fund is an important step toward building a robust ecosystem of community ownership groups and demonstrating the potential of community ownership to address rampant displacement of historically low-income communities and Black, Indigenous, immigrant, and communities of color and the catalytic role philanthropy can play in this work," says a program strategist at Common Counsel Foundation, which is managing the fund.

The COCP Fund has already received $10 million from a host of foundations, including the California Endowment, Chan Zuckerberg Initiative, James Irvine Foundation, Great Communities Collaborative at the San Francisco Foundation, and the Weingart Foundation, and it plans to raise $12 million more.

"By coming together to provide catalytic funding for organizations across the state, we can help bolster existing efforts and substantial new investment from the public and private sectors," says Rajib Guha, director of program development at

Read the Entire Article

Explore the
Community Vital Signs
for the
San Francisco Foundation

Arkansas A-Plus Empowers Teachers With Creative, Arts-Integrated Classroom Strategies

Arkansas A+ provides hands-on professional development for teachers.Workshops offer creative strategies for enhancing classroom instruction.Arkansas A+ partners with pre-K-12 schools and educational...more

Study: Nonprofits Must Embrace Radical Transformation to Overcome 2025 Challenges

72% admit it takes between two and seven days to pull together operational or financial data.40% have only a partial or limited view of data at best for forward-looking decisions.45% say the top...more

US Aggregates Launches Program

"Sustainability champions" include Colten Swanson in Portland, Autumn Remley in Ridgeville and Zach Hayden in Linn Grove.Grant Source has opened for business in Berne, Indiana.Mercer Health has added...more

How Trump Administration Cuts Are Impacting Nonprofit Events

A third of U.S.nonprofits get more than half of their funding from government grants.Government cancellation of travel and meetings can have a cascading effect on other organizations.Make increasing...more

Uchicago News Highlights

Wendy Freedman, the John and Marion Sullivan University Professor in Astronomy and Astrophysics and the College, received the National Medal of Science.She also led the initiative to build the Giant...more

Press Release: The Community Foundation of Singapore Ushers in A New Era of Philanthropy

Press Release: The Community Foundation of Singapore Ushers in a New Era of Philanthropy.Community Foundation Of Singapore marks a new chapter with the launch of a refreshed brand identity, a renewed...more

The Community Foundation of Singapore Ushers in A New Era of Philanthropy

The Community Foundation of Singapore (CFS) has appointed Mr Paul Tan as Chief Executive Officer, effective 1 April 2025.Outgoing CEO Ms Catherine Loh steps down after 13 years of dedicated...more

Philanthropy Update: Facing Challenges Together

Employees can organize giving campaigns or drives, such as collecting diapers, nonperishable food, or personal hygiene products.Employers can also set up a payroll system allowing employees to have...more

Banking Executive Wins Tocqueville Society's 'Distinguished Citizen' Honors For 2025

Debra Vasilopoulos was surprised with the 2025 Town of Palm Beach United Way Distinguished Citizen Award.The award is the highest honor given by the organization and recognizes individuals who embody...more

Uofl's Knowledge Enterprise Celebrated At 2025 Research and Innovation Awards

UofL's knowledge enterprise celebrated at 2025 Research and Innovation Awards.The honorees, including eight signature award recipients, were recognized for their work advancing research, innovation...more