Stories

South Carolina

  • Preserving the Social Fabric: Southern CDFIs

    A new survey is shining a harsh spotlight on the urgent need for non-predatory financial services in the South. A recent Gallup poll found minority-owned businesses face tougher challenges obtaining loans. The study, commissioned by Wells Fargo, found that 77 percent of black business owners use their own personal cash to finance their businesses, and 47 percent of black-owned businesses are...

    Ines Polonius
  • Presenting "Southern Voices," an Oral History Archive

    All over the American South, civic-minded people are working to improve communities by building coalitions and breaking down barriers to opportunity. The recent commemorations on the Edmund Pettus Bridge in Selma, Alabama, honored the sacrifices of those who marched 50 years ago and the gains they brought to bear on our society. Many of those brave...

  • New Executive Director Named at Babcock

    The Mary Reynolds Babcock Foundation is pleased to welcome Justin Maxson as its new Executive Director. Maxson’s leadership experience and dedication to helping communities achieve greater social and economic justice will be profound assets to the Foundation.

    Since 2002, Maxson has served as President of the Mountain Association for Community Economic Development in Kentucky, where he...

    Justin Maxson
  • Grantee Spotlight: The Center for Heirs' Property

    "The Center for Heirs’ Property is at the forefront of property preservation and family business development that helps low-income families build wealth and assets over time by using the value of their land.”

    The...