Anchored in Place: How Funders Are Helping Anchor Institutions Strengthen Local Economies
Anchor institutions can play a vital role in strengthening and connecting local economies, and can serve as powerful drivers for building inclusive and equitable communities. This report by the Funders’ Network for Smart Growth and Livable Communities as part of its Anchors Institution Funders’ Group examines the potential these deeply rooted local enterprises hold to create lasting and sustainable change—and illustrates how funders are working with anchor institutions to create healthier, more equitable, and economically vibrant places to live and work.
The report offers recommendations for funders looking to deepen and refine their strategies for working with anchors. In each of the profiled communities—Albuquerque, Baltimore, Chicago, Denver and the Twin Cities—the report shares stories of how funders are extending beyond traditional grantmaking roles to embrace their roles as conveners and leaders in their communities.
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