While many of New York’s essential services are run through nonprofit contracts, 90% of City payments to those nonprofits were late last year. In response, many nonprofits are on the brink of closing their doors. There’s a structural problem: it’s hard to build unified nonprofit power because many nonprofits are small and can be quite different from each other. John MacIntosh has a solution — actually, several. As managing partner of SeaChange Capital Partners, he leads a team that provides a suite of affordable services to nonprofits, including business advisory and bespoke financing for the sector. On this episode of After Hours, Jamie and John talk about the work he is doing now to support nonprofits, and what the City and private players can do to support this sector that supports so many New Yorkers.


“Winter is Coming,” John MacIntosh, Vital City
For more solutions-oriented thinking on urban life, visit the Vital City website at https://www.vitalcitynyc.org/.