Wednesday, November 13
3:30 pm – 3:40 pm
Propelling Financial Dreams for Low-income Families
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