Innovators in Rural Community Economic Development

Vermont Nonprofit Conference 2013, “Measuring Impact to Build Locally Controlled Wealth”

Tags: Community Economic Development, Measurement, Wealth Creation

Client Name: Ford Foundation, Common Good Vermont

Client Type: Non-profit, Foundation

Year: 2013

Location: Vermont

Melissa Levy presented, “Wealth Creation in Rural Communities: Measuring Impact to Build Locally Controlled Wealth” at the Vermont Nonprofit Conference in Fairlee, Vermont in March 2013. The Ford Foundation’s Wealth Creation in Rural Communities initiative uses a systems approach to promote local wealth creation to improve the well-being of the nation’s most rural communities. The outcomes-based program links together a community’s assets, producers and consumers in ways that benefit everyone and builds locally controlled community wealth. Melissa Levy’s presentation covered the main tools of this approach (value chains and a wealth matrix with a focus on seven forms of wealth); presented relevant examples of work on the ground in Central Appalachia, Deep South and the Rio Grande Valley; and led participants in exercise that allowed them think about and share with each other how their work creates outcomes and impacts on seven forms of wealth.

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