Propelling Financial Dreams for Low-income Families

Wednesday, November 13

3:30 pm – 3:40 pm

Propelling Financial Dreams for Low-income Families

Location: Grand Ballroom (2nd Floor)

Spark Talk
Big Ideas

Poverty in America is a problem, and we have failed to create viable solutions. Our current welfare system uses punitive measures that discourage families from seeking higher wages or more employment. Additionally, while welfare programs might cover a portion of food and housing costs, families have other basic needs like children’s school expenses and putting gas in their car to get to work. The Magnolia Mother’s Trust is a guaranteed income pilot supporting low-income African American mothers in Jackson, Mississippi disrupt this system by providing $1,000 of monthly unrestricted, no-strings-attached cash for 12 months to 20 different mothers. Don’t miss this Spark Talk to learn how the pilot helps these families meet their economic needs, while reinforcing trust in their ability to be the authors of their own lives.

Presented by Springboard to Opportunities

Chief Executive Officer
Springboard to Opportunities
150 150 Jacqueline Brennan
Privacy Preferences

When you visit our website, it may store information through your browser from specific services, usually in the form of cookies. Here you can change your Privacy preferences. It is worth noting that blocking some types of cookies may impact your experience on our website and the services we are able to offer.

Our website uses cookies, mainly from 3rd party services. Define your Privacy Preferences and/or agree to our use of cookies.