Stories

Economic Development

  • The Inherent Wisdom of Community

    “Injustice anywhere is a threat to justice everywhere. We are caught in an inescapable network of mutuality, tied in a single garment of destiny. Whatever affects one directly, affects all indirectly.”

    – Martin Luther King, Jr., Letter from Birmingham Jail

    That the 50th Anniversary of the March on Washington, the...

  • Women In Construction: Unlocking A Bright Future for Mississippi Families

    The Moore Community House serves low-income women and young children in the ethnically diverse, low-wealth neighborhoods of east Biloxi. MCH and its community were devastated by Hurricane Katrina in 2005 . As part of its recovery efforts, MCH launched the Women in Construction (WinC) program to help low-income women enter construction trade jobs. This was an effort to not only contribute to...

  • Love Can Build a Bridge

    The Mary Reynolds Babcock Foundation partners with organizations and funders working on Appalachian Transition . As our partners seek to create a more sustainable future for the Central Appalachian region, community controlled philanthropy has emerged as an important means for engaging and transforming community. Ethan Hamblin, a student at Berea College, is spending his summer vacation on...

  • 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...