Megan Oglesby & Joe Blosser - How a Lean Foundation Does What Government and Business Cannot Do, to Spark Job Growth and Economic Development - Part 1

Small, place-based foundations operate in almost every rural region, town, and city in the U.S. Many of these communities have experienced a dramatic loss of jobs in the past decades. As local foundations make grants to meet immediate needs, their leaders consider whether the foundations might also play a part in rejuvenating local economies and lifting opportunity and hope for the residents of their towns and regions. In this podcast, meet the staff of a foundation of two committed to doing just that - nurturing economic development in a city that once flourished with manufacturing jobs that sustained a large middle class. Megan Oglesby and Joe Blosser of the Earl & Kathryn Congdon Foundation in High Point, North Carolina share ways they are devoting the foundation's many assets to help small businesses start, scale, and grow. Megan and Joe explore how a leanly staffed foundation can use its unique role and position to do what government and business cannot do to nurture economic development - by providing long-term strategic thinking and investment, taking higher risks, and supporting activity essential to business development that doesn't offer profit, such as training, equipment, space for entrepreneurs, and networking.  
**
Megan Oglesby is the Executive Director of the Earl and Kathryn Congdon Family Foundation based in High Point, NC. The foundation board empowers Megan to fully immerse herself in the High Point community to create and maintain strong relationships with nonprofit organizations and community leaders, to understand and articulate evolving needs in the city and region. Before joining the foundation, Megan held senior positions at Business High Point - Chamber of Commerce. Megan is a High Point native and resides in High Point with her husband and three children. 
 
Joe Blosser serves as the Chief Impact Officer of the Earl and Kathryn Congdon Family Foundation. He previously served as the founding Executive Director of the Center for Community Engagement and Associate Professor of Religion and Philosophy at High Point University. He holds a Ph.D. from the University of Chicago and is an ordained minister in the Christian Church (Disciples of Christ).