Explaining what the women’s wealth gap is, what it means, and what we can do about it just got a lot easier.
As we march this Saturday, erasing the disparity in wealth is just one of the issues that we set out to achieve. This is a time of change for America and it is up to all of us, working together, to make sure it is change for the better, for all.
José Quiñonez’s personal story, and the story of the Mission Asset Fund’s creation and ascent, present a window into the kind of leadership with which the Walter & Elise Haas Fund is honored to collaborate.
Not only do job training programs help the unemployed find work, those aligned with high-growth sectors lift people and families out of poverty; they help connect people to living wage jobs and stable career paths. That’s access and opportunity. That’s economic security.
The success of getting this legislation enacted is a great example of the role local philanthropy can play as an intermediary, not just a funder, in addressing thorny and important community issues.
Wages may be critical to women’s daily survival, but it’s the compounding gap in accrued wealth that hobbles women’s long-term financial well-being.
The Tax Alliance for Economic Mobility recently sent around a compelling call to action on the issue of national tax reform. As the Tax Alliance clearly and correctly points out, an important goal of our tax system—beyond funding the government—is to aid Americans in developing their financial security. In this goal the system has failed.
The Fund happily noted grantee Mission Asset Fund on the front page of the New York Times on Saturday. The write-up focuses on MAF’s lending circle program, which helps borrowers access affordable loans, build credit history, and set them up for a financially stable future. MAF is part of the Fund’s Economic Security cohort of grantees, addressing
Year Up, a Fund grantee since 2010, was featured on 60 Minutes this past Sunday. It’s a wonderful news piece that does a great job of explaining how Year Up meets the hiring needs of technology and finance businesses –where a real talent shortage exists at the entry level– while giving very disadvantaged young adults the