Solutions to Repair Local Economies are Starting to Replicate

Mixed Income Neighborhood Trusts, or MINTS, were a brand new concept three years ago, but Trust Neighborhoods has quickly grown from two buildings in one city to 170 residences in five cities. MINTS are a rare economic justice innovation that found the right inflection point in the system at just the right point to halt […]

Trinity Christian College Takes On the Challenge of Student Debt

Trinity Christian College in Chicago is making real progress in creating a system of funding higher education that does not leave students burdened with tens of thousands of dollars of debt that, unlike business or personal debt, cannot be eliminated by filing bankruptcy.  College President Aaron Kuecker used a cup of coffee to transform the […]

Finding the Catalytic Philanthropy to Help Black Funds Scale

The influential Aspen Institute has decided that the goal of their Future of Wealth initiative is to see Black family wealth grow ten-fold over the next twenty-five years. This would bridge a significant chunk out of the racial wealth gap; the average white family has 10x the assets of the average Black family. Aspen’s grounding […]

Watershed Fund is Thriving in Asheville

Kevin Jones We’ve raised a year of operating capital to launch The Watershed Fund, https://emsdcmarketplace.org/donations/watershed-fund/ which offers zero interest loans to local farmers serving our farm-to-table sector in Asheville. The connections and reciprocity within our food systems are already proving to be one of the surprising benefits. With the Watershed Fund, https://neighborhoodeconomics.org/wiki/index.php/Initial_design_of_the_Watershed_Fund what we are […]

CategoriesCatalytic Capital Racial Wealth Gap

How to Create Black Wealth

Derek Peebles has a clear vision of what he wants to accomplish leading Cincinnati’s Common Good Collective.  “We want to create Black wealth in our community,” said the 30-something African American who also leads Amiba, a national association of independent businesses. Nationally, the average white family has $140,000 and the average Black family has $14,000 […]