Community Capital: Its Sources and Functions in Communities of Heart

Community Capital: Its Sources and Functions in Communities of Heart

The expansion of community capital is a means of sustained community renewal. Community capital incorporates three elements that are found in or holds the potential to be found in any community of heart: Natural, Human and Social, Financial and Institutional.

Natural Capital

The community is located in a natural environment that is beautiful and filled with yet untouched natural resources. The community may have (and often will have) a history of significant exploitation of natural resources (e.g. lumber, mining, agriculture) and often is faced with major challenges regarding the repairing of the natural resources that have been exploited and replacing revenues generated by this exploitation. Yet, it is committed to building a sustainable natural environment and recognizes that much of the distinctive appeal of this community for those who live in the community or visit the community (as tourists) comes from this natural environment.

Human and Social Capital

The community is actively engaged in one or more initiatives that helps to expand the presence of and use of human and social (connectiveness) capital to address the pressing issues and needs of the community. Human and social capital is expanded and engaged through educational programs, appreciation of existing (but previously unacknowledged or non-engaged) expertise, skills, knowledge, motivation and wisdom in the community.

Financial and Institutional Capital

The community is actively considering or is already making use of its financial resources (community banks, community foundations, government-funded demonstration projects, etc.) and is actively considering or is already creating collaborative initiatives involving major institutions in the community (education, health, human services, churches, etc.)

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About the Author

William Bergquist

William BergquistWilliam Bergquist, Ph.D. An international coach and consultant, professor in the fields of psychology, management and public administration, author of more than 45 books, and president of a graduate school of psychology. Dr. Bergquist consults on and writes about personal, group, organizational and societal transitions and transformations. His published work ranges from the personal transitions of men and women in their 50s and the struggles of men and women in recovering from strokes to the experiences of freedom among the men and women of Eastern Europe following the collapse of the Soviet Union. In recent years, Bergquist has focused on the processes of organizational coaching. He is coauthor with Agnes Mura of coachbook, co-founder of the International Journal of Coaching in Organizations and co-founder of the International Consortium for Coaching in Organizations. His graduate school (The Professional School of Psychology: www.psychology.edu) offers Master and Doctoral degrees in both clinical and organizational psychology to mature, accomplished adults.

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