Blog: Anchor Institutions
How Large Companies Can Be Anchors for Lower-Income Communities
By Peter Eberhardt, Senior Research Analyst, Initiative for a Competitive Inner City, and Howard Wial, Senior Vice President and Director of Research, Initiative for a Competitive Inner City, September 2021 You are an executive with a large company that has a facility in or near a lower-income community in a small ... Read More
Overlooked No More: Advancing the Anchor Framework to Arts and Culture Organizations
Arts and culture organizations can play a more powerful role in shaping community development in low-income communities by adopting and adapting key strategies used by traditional ‘anchor’ organizations like hospitals and universities. Arts and culture organizations already make important contributions to the vitality of their communities, and deserve a seat ... Read More
Arts and Culture Organizations Leaning into Local Economic Growth Strategies
Written by Zachary Nieder and Kim Zeuli As we wrote in our Arts and Culture Organizations—The Overlooked Anchors blog in May, the Initiative for a Competitive Inner City (ICIC) and the Kresge Foundation’s Arts and Culture Program have joined forces to explore the degree of anchor engagement among arts and culture ... Read More
Arts and Culture Organizations—The Overlooked Anchors
“Eds and meds” are the conventional anchors—and remain the focus of most anchor initiatives. But a few arts and culture organizations, such as the New Jersey Performing Arts Center in Newark and Yerba Buena Center for the Arts in San Francisco, are beginning to change the narrative, claiming seats at anchor collaboration tables in their cities and begging the question—why aren’t more arts and culture organizations adopting anchor strategies? Read More
The Role of Anchor Institutions in Supporting Local Communities
This blog was first published by Johns Hopkins' 21st Century Cities Initiative, and describes anchor institutions, their potential roles in reducing economic and neighborhood inequality, and examples of partnerships between anchor institutions and local government. Read More