Stories

Economic Development

  • This is Personal: Our Statement on Anti Asian Violence

    The board and staff of the Mary Reynolds Babcock Foundation send our deepest condolences to the families of the eight people killed in Georgia this week, six of them Asian women. While the investigation continues, the horrific attacks by a 21-year-old white man cannot be separated from America’s long, ugly history of white supremacy, structural racism, socioeconomic inequity and misogyny....

  • Building a Bigger Table: COVID Response Funds Across the South

    “If you are more fortunate than others, build a longer table, not a taller fence.” - Unknown

    While it has been said COVID19 doesn’t discriminate – anyone from any background can be affected by the virus – this sentiment doesn’t tell the whole story. The virus has and will continue to disproportionately affect our most marginalized communities. The South is home to uniquely...

  • Long-Term Trust Sparks Quick, Meaningful Action

    The COVID crisis underscores the need to address short-term and long-term emergencies like the virus's disproportionate impacts caused by centuries of structural racism , and the very real threat to our democracy in this critical election and census year.

    Philanthropy can and should play a major role by meeting the immediate crisis and supporting long-term power building through...

  • Protect the Community Reinvestment Act

    UPDATE: The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation have extended the deadline for public comment to April 8.

    The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation are proposing drastic changes to Community Reinvestment Act regulations that would weaken CRA’s ability to target...

    Durham, NC, redlining map
  • Community Economic Development in South Carolina: Our History, Our Progress, Our Future

    In 1994, the South Carolina Association of Community Development Corporations was established by four local community development corporations to advance the interests of their industry. But the state’s community economic development industry truly got its start when residents rallied to help each other rebuild after devastation. The organization has since renamed itself South Carolina...

    Bernie Mazyck