Christopher Johnston

Today marks the 30th anniversary of the #CDFI Fund, established through the bipartisan Riegle Community Development Act in 1994. This Fund has been instrumental in providing over $7 billion to Community Development Financial Institutions (CDFIs), supporting small businesses, affordable housing, and community development projects nationwide. With more than 1,400 certified CDFIs, these mission-driven institutions have invested over $216 billion since 2015, creating or retaining 5.3 million American jobs. Strategically placed in underserved areas, CDFIs focus on fostering economic development and job creation in communities often overlooked by traditional financial institutions. Key facts about CDFIs: ✅ Mission-driven to support underserved communities and foster economic development. ✅ Certified by the U.S. Department of the Treasury, enabling access to resources for their mission. ✅ Diverse institutions including banks, credit unions, and venture capital funds, each catering to different financial needs. ✅ Catalyst for change, leveraging over $100 billion in private sector investments since 1994. ✅ Support small businesses, especially minority- and women-owned enterprises, through microloans. ✅ Impact-focused on social and environmental outcomes like affordable housing and job creation in underfunded communities. These facts highlight the significant role CDFIs play in promoting economic inclusion and driving positive change in communities nationwide. #EconomicInclusion #CommunityDevelopment #CDFIs Asset Strategy

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Fidelity Center for Applied Technology®️(FCAT) researcher, Deanna Laufer, has been digging into the data around the changing nature of families, zeroing in on the fact that people today have fewer family members which can impact how they find jobs, develop relationships, and build resiliency. Read more about this trend and why it matters in an interview with Deanna at https://bit.ly/3zcMmUp #FidelityAssociate

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Great new tool from Georgetown University Center on Education and the Workforce helps local markets identify the need for credentials that lead to high-paying middle-skills jobs. Additionally, this tool allows you to dive deep into which post-secondary institutions are successfully providing those credentials.

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The latest AFP Liquidity Survey, underwritten by Invesco, reveals that the U.S. regional banking crisis of 2023 has had a lasting impact on organizations' liquidity management. Strong relationships with banking and money fund partners will remain crucial for treasury professionals who are continuously working to safeguard their organizations in an evolving economic environment. Learn more about the findings from the 2024 AFP Liquidity Survey: https://hubs.ly/Q02C3-Fw0

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Under the subject of why DC offerings should remain supplemental to DB plans as an American worker retirement benefit: "Nationwide, the cost of childcare for two kids exceeds average rent by at least 25% and is more than double that level in eight states. Childcare costs are a growing burden, accounting for about 10% of a married couple's income." Glen Eagle Given the cost of housing, childcare, education, healthcare, and food, not to mention the many other costs to just live, few Americans have the disposable income to fund a DC plan let alone the investment acumen to manage it. Come on! This transition isn't working for most!

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Learn how a DAF can be a thoughtful and strategic addition to your gifting plans.

Incredibly thoughtful @danielyerger3 article about the evolving financial planning profession, & the REAL challenges as it relates to our education, experience, & compensation practices for new planners... "Doing the Work - Thoughts on the Path of the Profession" https://buff.ly/4bHa890

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Please join me at #PrincipalExchange2024 for the opportunity to dive deeper into Practice Consultations and hear from advisors Matthew DiPuppo, MSPFP, CFP®, EA, AWMA®, CRPC®, Richard Long, LUTCF®, Igor Ferreira, CFP®, RICP® and Ryan Scott, MS, CFP®. You will leave with actionable takeaways to help finish your year strong! 

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For advisors who want to launch private funds, it can be costly to navigate the legal and regulatory complexities involved in getting the fund off the ground. https://bit.ly/3ZmzlRC Guest author Richard Chen, Founder of Brightstar Law Group, shares legal requirements and common missteps that RIAs face when launching a private fund. The article covers: -Who Can Invest In A Private Fund? -What Regulations Govern The Sale Of Private Fund Interests And The Operations Of The Private Fund? -What Areas Face Regulatory Risk Or Scrutiny When Sponsoring A Private Fund? #advicers

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We spend a lot of time thinking about how funders approach financial due diligence. In our work with clients an initial question is "Does your financial due diligence process align with your values and purpose?" Read our recent article, written by John Summers and Radhika Shah, to discover insights from a landscape analysis of funder processes. A key takeway: A central component common to each funder in the study, is the goal to “get to yes.” As we delve into how AI might enhance the financial due diligence process, it is crucial to address key qustions about values and purpose and to critically evaluate any AI driven analysis. #AI #financialduediligence #philanthropy #nonprofitfinance

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Do you want your philanthropic giving to be strategic – focused on outcomes? Let's join forces to create lasting changes. Being effective in philanthropy takes time and resources. As philanthropy experts, you can be sure that we have the right experience, knowledge and network to help you make the most impact with your giving. So that all children can grow up healthy, safe and educated. Did you know that we have 130+ employees dedicated to support our Client Advisors and join client conversations to help guide and execute their giving strategies ? Learn more about how the UBS Optimus Foundation is driving better giving for better results

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A provactive talk last hosted by the The Walrus on the Shifting Power in Philanthropy. A few takeaways: 1) Women’s assets are projected to nearly double to $4 trillion by 2028. 2) Only 2% of philanthropy focuses on gender equality, and just 4% of VC funding goes to women-founded companies. [Still find this to be a sobering stat in 2024] 3) Investing in women leads to benefits for families and communities, as they give differently, often prioritizing crisis response and justice. It will be interesting to be on the forefront of a changing giving landscape in Canada.

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Excited to be giving two online presentations over the next two months. Overall these are aimed more at my practitioner friends, but will provide useful information to anyone who may be interested. July 30, 2024 at 1:00 Eastern through the American Society of Appraisers Valuation of stock compensation under ASC 718: Principles and Practice (with James Milne) https://lnkd.in/duvKe4k2 This will be a great introduction for people who do some ASC 718 work and want to learn more about the standard, valuation, and best practices. August 31, 2024 at 1:00 Eastern through the American Society of Appraisers Beyond the OPM: Advanced Strategies for Equity Allocation (with Nikhil Guruji) We'll start with simple equity allocation strategies but go through multiple examples where the simple model just doesn't fit, discussing why and what we can do about it. https://lnkd.in/dEQdJREu

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Transparency is vital for all stakeholders. ClassWallet understands compliance and transparency are keys to success for any public fund distribution. #ensuringtransparencywithESA

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🔔 Happy Fiscal New Year, Tribal Leaders! Are You Ready for the ARPA Deadline? The December 31, 2024 deadline to obligate ARPA SLFRF funds is fast approaching. Has your Tribe secured its compliance plan? Native Advisory is offering an 8-week ARPA SLFRF Compliance Package to help your Tribe get fully prepared to maximize every dollar. Our expert-led service includes targeted meetings designed to walk you through critical milestones, including: ✔️ Assessment of Current Projects ✔️ Determination of Adjustments ✔️ Reconciliation & Close-Out Planning Each meeting is paired with checklists and tools to ensure you’re meeting requirements and fully obligating ARPA funds before the deadline. Why work with Native Advisory? We specialize in helping Tribes navigate the complexities of federal funding compliance, ensuring you meet deadlines and avoid the risk of repaying needed funds. 🗓️ Ready to get started? Let’s talk about how we can support your ARPA compliance goals or other financial challenges and opportunities. Schedule a call here or send me a message: www.nativeadvisory.com #TribalGovernments #ARPACompliance #ARPAFunding #NativeAdvisory #GrantManagement #SLFRF #FinancialReporting #TribalLeadership #NativeBusiness #WOSB

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