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Minding the Gap: Philanthropy’s Role in Addressing Income Inequality Larger Community Foundations Annual Meeting Austin, Texas February 27, 2014 Yanique Redwood, PhD, MPH President & CEO The Consumer Health Foundation.
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Minding the Gap: Philanthropy’s Role in Addressing Income InequalityLarger Community Foundations Annual MeetingAustin, TexasFebruary 27, 2014Yanique Redwood, PhD, MPHPresident & CEOThe Consumer Health Foundation
“We always have inequality, and in America we’re not upset about inequality of outcomes. But we are upset about inequality of opportunity.”
From Brookings Report • The majority of Americans believe that redistribution favors racial minorities • Americans believe that we live in an open and fair society and that if someone is poor it is his or her own fault
Why does a health philanthropy care about income and wealth?
Advocacy for Economic Justice • Research • Community Education • Public Will Campaigns • Policy Analysis • Community Mobilization • Coalition Building
CWBICommunity Wealth Building Initiative • Worker-owner cooperative businesses • Anchor institutions • Hospitals • Universities • Local governments • Living wages • Ownership and wealth
Narrative and Economic Policy Image borrowed from www.bmecommunity.org
Summary • Fund advocacy to reform our current economic system • Seed efforts to create more just and democratized economic systems • Lift up a more accurate set of images, narratives, and representations of people of color who are poor