Stories

Videos: Story Bank

  • Investing in the American Dream

    Speaking on the panel, "Social Investing: So What is a CDFI and Why Are They Important to Communities?" at the Southeastern Council of Foundation 's Annual Meeting, Grace Fricks, CEO of ACE Loans told the audience, "The American Dream isn't possible for any of us if it's not possible for low-income people."
    Community Development Financial Institutions (CDFIs) like...
  • Investing in Opportunity: Southern CDFIs

    Community Development Financial Institutions (CDFis) are an important piece of infrastructure for building strong local economies. CDFIs function as a different kind of lending organization. Unlike traditional banks, they operate with a mission to serve low-income people and build wealth in underserved communities. By combining funding from government, foundations, and individual...

  • Appalachian Transition

    Appalachian Transition explores the emergent work by non-profit organizations and funders to advance a just and sustainable economic transition in the Central Appalachian region. The Mary Reynolds Babcock Foundation has a long history of investing in Appalachian people and places. To foster collaborative funding in the region and increase collective impact, MRBF helped co-found the Appalachia...

  • Sustaining Hope: Rebuilding Biloxi

    On the morning of August 29, 2005, Hurricane Katrina slammed into the Gulf Coast and within hours became one of the costliest and deadliest hurricanes in U.S. history. 3,000 homes were destroyed by the wall of water that swept through Biloxi, Mississippi during Hurricane Katrina. Of the remaining 3,500 homes, all sustained damage from the storm. Communities like Biloxi,...

    Sustaining Hope: Rebuilding Biloxi