I'm always amazed at how brighter minds than mine develop these financing tools for good works.
Creative finance at its best: funding innovative approaches to humanitarian relief.
Vermeer Consulting Group brings fresh perspective to organizations on the verge of change: growth situations, new strategic opportunities, and challenging business environments. Infused with deep experience in both for profit and non profit organizations in the US and abroad, Vermeer Consulting Group offers practical, strategic approaches to growing organizations as well as those facing significant challenges.
Vermeer Consulting Group LLC的外部链接
6824 Shawnee Road
US,VA,Richmond,23225-1714
After 5+ years of supporting organizations that make loans to refugees who have resettled in the US, I've seen this research in action. It's amazing what a small investment in people trying to rebuild their lives will do to set them on a path to thrive in a new country.
?? Refugee Resettlement Agencies: Economic Engines in Disguise ?? We often think of the United States Conference of Catholic Bishops, World Relief, International Rescue Committee and other refugee resettlement agencies as empathic, generous and compassionate. That is absolutely true. And, if we look at the data, they are all that and much more. For example, a groundbreaking 2017 National Bureau of Economic Research study by Evans and Fitzgerald reveals these organizations are also engines of economic progress! ?? https://lnkd.in/gcyv2SK4 Resettlement agencies don't just save lives - they drive economic growth! ?? ?? Key findings: Refugee workforce dynamos! ?? - Refugees surpass U.S.-born residents in labor force participation and employment after just 6 years, despite initial barriers. - Entrepreneurship among refugees rises with time, leading to thriving businesses. Refugees' economic impact soars! ??? - Refugees' incomes grow rapidly as they gain experience and skills. - After 8 years, refugees become net tax contributors. - Over 20 years, refugees pay $21,000 more in taxes than benefits received on average. Of course, there is a limiting factor for even more growth: affordable and available housing. ??? More units means we can further unleash our nation's economic potential. The bottom line? Refugee resettlement is both the right thing to do AND a smart investment in our shared future. ?? #RefugeesWelcome #ResettlementWorks #PowerOfCompassion