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Knowledge Base, Volume 1
2002-2003

A PUBLIC-PRIVATE ENDOWMENT FOR RURAL AMERICA
June 12, 2003
Washington, DC

Welcome

Dianne McSwain, DHHS Office of Intergovernmental Affairs, opened the meeting with a word of welcome from the Department of Health and Human Services, host for the meeting. She emphasized that DHHS Secretary Tommy Thompson is committed to improving the department's capacity to serve rural America and supports efforts to insert the "rural voice" into government programs and policy.

Opening comments

Luis Luna, Deputy Administrator, Office of Community Development, USDA-Rural Development, stressed the need for strategic partnerships today. He noted that the public-private partnerships we are developing include intellectual as well as financial capital, both important for successful collaboration. He pointed out that rural America is very diverse and that we will not be able to meet every need. We need to find areas with commonalities and assemble resources to build self sufficiency, leadership, and capacity for locally-led development. We also need to develop performance measures that are widely applicable and can generate a shared language for gauging success. Luis also encouraged us to bring additional people to the table. For instance, the National Rural Development Partnership and the National Rural Development Coordination Council, now being established, can provide a strategic focus for our efforts.

Introductions

Representatives from seven federal agencies, five private foundations, five non-governmental organizations, and three land grant universities participated in the meetings. Participants gave a brief introduction to their agencies, interests in a public-private endowment, and resources they bring to the table. A list of participants is attached.

National Rural Funders Collaborative (NRFC) overview

Jim Richardson, Executive Director, described the purpose and history of NRFC. An important innovation in private philanthropy, NRFC is a vehicle through which multiple funders pool resources for investments to revitalize rural communities, especially in areas of persistent poverty. Jim reviewed the process of establishing the NRFC and discussed its efforts to develop models of regional strategic change, raise rural policy issues, and leverage new or untapped financial resources to support sustainable development and improved quality of life for rural families and communities.

Developing a platform for an endowment fund

Kathy Moxon, Humboldt Area Foundation and NRFC consultant, discussed NRFC activities through its first two funding cycles, the goal of leveraging regional resources in rural areas, and the need for an endowment fund. She described the geographic distribution and funding tiers of groups NRFC is supporting. In its first year, NRFC awarded four three-year grants to regional community collaboratives (Alaska, South Carolina, New Mexico, and Appalachian Ohio) and five one-year seed grants (Central Valley California, Nebraska, western Maine, Arkansas, and Community Alliance of Interdependent AgriCulture). These groups are working on diverse priorities including critical health and wellness issues, community wealth creation, entrepreneurial development, housing, new agricultural cooperatives, new and expanded businesses, housing, and community ownership of natural resources and infrastructure. These collaboratives, twelve other finalists, the NRFC funders, and other partners now constitute a Learning Network working to broaden knowledge of rural economic and community development practice and policy.

The regional collaboratives vary in the degree to which they are prepared to meet various opportunities. "Mixes of money" currently available for their activities come from a labyrinth of private philanthropy, federal to local governments, and the private sector. As communities attempt to assemble resources to support their strategic objectives, they struggle with "deal flow," unfundable gaps in their work, a lack of debt instruments and equity products, undercapitalized rural-serving community capital institutions, few intermediary or secondary resources, and difficulties identifying and capturing competitive public and private funds. In short, rural communities need assistance accessing resources, and rural investment markets are underserved and ripe for development.

General discussion

Several themes ran through the general discussion as participants responded to opening remarks and shared their ideas about the journey of making a public-private endowment fund a reality.

  • "Coalition of the willing and able" - How many penguins do we need?
    • We are forming a new community of the willing and able. Everyone doesn't have to participate.
    • We need to articulate principles of our collaboration.
    • Following Thomas Jefferson's instruction, we can change institutions to better serve the people.
    • Use our mandate to collaborate as a "cover" for leaving inertia behind.
    • Who will be the first penguin in the water? Will we hold hands and jump in together, following the NRFC model?
  • What is the NRFC role - "Let's Make a Deal"
    • NRFC can make the process of working with funders transparent. Resources need to be accessible and technical assistance ever present.
    • NRFC is a broker: connect communities to broader financial markets, leverage resources, and get information to funders and communities.
    • NRFC can help federal agencies and other entities recognize the impacts their programs have on the broader rural and tribal community, including unintended negative impacts and engage them in an effective policy of practice.
    • NRFC can help strengthen organizations on the ground and build readiness to meet opportunities and to inform policy.
  • Community readiness
    • Many leaders and community organizations in low-wealth rural and native communities need help accessing and using financial tools.
    • Over time, the NRFC regional coalitions are moving toward "strategic readiness," a desired end to community capacity building. It is a concept the NRFC learning partners developed at their January 2003 meeting.
    • Sustaining capacity building is an issue, as in Indian Country.
    • We need "circuit riders." Technical assistance must be on going.
    • There is a dramatic need for easy access to funding information.
    • Capacity building includes community learning, not just individual.
  • We need a "Wizard" - soon
    • an information platform - with overlays of resources and ways to sort - that is a comprehensive source of information;
    • multiple ports of entry;
    • covering the full spectrum of agencies and community capital sector;
    • tied into developing e-government resources;
    • meets serious accessibility issues for many rural and tribal communities.
  • Working with federal agencies and other funding entities
    • Budgets are shrinking; there is pressure to do things differently, better.
    • Federal policymakers need help removing the "urban criteria" problem.
    • Raise the "rural voice" (i.e. SBA query: "Is anyone working on rural? No!").
    • Federal agency line staffers face real restrictions directing public dollars guided by legal authorities and congressional mandates for project-specific activities. o Strategic partnering offers a way to use federal funds more flexibly (i.e. fund regional partners who innovate).
    • Strategic partnering depends on proper local connections. NRFC is building local capacity that expands this opportunity.
    • Collaboration and rural investments need to be an agency priority and have strong leadership. Discretionary funds exist and can be used for innovation.
    • Constraints for other funds include idiosyncrasies of large suppliers and restraints on pension funds.
    • Reward behavior change that includes rural and collaboration.
  • Working with state and local governments
    • State governments are in fiscal crisis and need to leverage scarce funds.
    • Local governments are overwhelmed by complexity of federal grants and need a broker. Officials are part-time and largely volunteers.
    • NACo can carry messages to congress.
    • NACo can link to local communities.
  • Working with higher education and the land grant university system
    • A wealth of often-untapped resources is available through the land grant universities. The USDA Regional Rural Development Centers can help tap them: intellectual capital, outreach education and training networks that reach to the local level, and applied research and practical information. They can coordinate and convene to mobilize diverse resources around program related investments.
    • Partnering with universities can institutionalize investments and support an "exit" strategy for public and private funders (i.e. Rural Community College Initiative of the Ford Foundation).
    • By bringing the academy into the process, NRFC is developing an evaluation strategy to help communities identify and apply regional and national indicators and guide their own development activities.
    • The land grant community can help bring the big picture to the table - leading to wise grants and applications rather than those that hurt rural America.
  • Inclusive language, infrastructure, and technical challenges
    • Native communities and tribes don't identify and see themselves in the picture when we refer to "rural communities," "local and county governments," and the "federal government" without including tribal governments and native communities.
    • Indian country faces a severe lag in technology for accessing web-based resources for collaboration and funding.
  • Build on creative models and existing resources
    • Start via the New Markets Tax Credit; CDFI could be a sister fund.
    • First Nations is a model for Community Development Financial Institutions in Indian Country: tribes control assets and own their economic future.
    • Participate in and strengthen the public-private partnership Ford Foundation is supporting between universities and rural and tribal community colleges.
    • Build up technical assistance and capacity building by capitalizing on and coordinating resources at local level: Extension Service, county agents, Resource Conservation and Development Councils, SBA's SCORE program for small businesses, consultants.
    • R-CAP's small flows infrastructure exchange is an innovation to slow the individual community hunt for dollars to meet the "plausible association" match requirement.
  • Structuring a "Rural Opportunity Investment Fund"
    • Calvert Foundation is a possible intermediary to establish and administer fund.
    • NRFC can serve as broker with funders, public partners, grantees.
    • Staffing will be needed to support the work at both Calvert and NRFC.
    • Motivated local leadership is essential.
    • Fund can become an exit strategy for funders as the investment strategy is fully capitalized.

    Take aways and next steps

  • Demonstrate a "reverse RFP": Whose obligation is it to conform to whom? Granters should complete for opportunity to fund communities!
  • Next step is to develop a prototype of collaboration, test, and demonstrate it.
  • Keep the focus on rural and tribal communities - "What helps rural?"
  • Add others - bring potential partners and investment institutions to the table.
  • Discover resources in our own agencies and organizations.
  • Keep a comprehensive focus and hold to the principle of community-as-leader
  • Insert the "rural voice."
  • Identify strategic partnerships to link federal dollars to local innovations.
  • Visit the NRFC Learning Communities for priorities and connect general ideas to specific community needs.
  • Create the wizard/central repository and include best practice sites and models.
  • Assemble profile sheet for participants and a participants list and circulate.
  • New chapter to our collaboration

    Jim Richardson closed the meeting by observing that we have launched a new chapter in collaborative efforts between public and private partners. The economic context has changed since the years when the Rural Working Group of the Council on Foundations began work toward a funders' collaborative. As relative prosperity falls away, every state faces economic crisis with particularly severe impacts in rural places. Even in this context, the meeting today demonstrates that we have new opportunities and new synergy for moving forward together. We can move together, in increments, toward a more collaborative approach and demonstrate how we can resource these opportunities.

    Additional resources

    A resource profile of participants, maintained at the Southern Rural Development Center, is available through the SRDC web site at http://SRDC.MSState.edu/assetprofile03.htm and NRFC website at http://www.nrfc.org.

    See the NRFC website at http://www.nrfc.org for the Collaborative's history and approach. Click the "Rural Connections Online" tab and see Issue 2, Spring 2003, for current work.

     
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