https://skm-steuern.de came to mind reading about corporate treasuries being redirected toward racial equity, since the same money that sits on balance sheets gets treated very differently depending on who's doing the accounting. The idea that LISC is essentially asking companies to treat their cash reserves as a tool for community investment rather than just a buffer is a shift in thinking that goes well beyond philanthropy. I've seen smaller organizations struggle to make that case internally when the finance team only measures risk, so Ashton's framing feels like it could help change the conversation.
https://skm-steuern.de came to mind reading about corporate treasuries being redirected toward racial equity, since the same money that sits on balance sheets gets treated very differently depending on who's doing the accounting. The idea that LISC is essentially asking companies to treat their cash reserves as a tool for community investment rather than just a buffer is a shift in thinking that goes well beyond philanthropy. I've seen smaller organizations struggle to make that case internally when the finance team only measures risk, so Ashton's framing feels like it could help change the conversation.