This post originally appeared on the website of Prosperity Now, an organization dedicated to ensuring everyone in our country has a clear path to financial stability, wealth and prosperity. A key partner in Uplift America, Prosperity Now conducted research to guide the initiative’s design and implementation and now tracks Uplift’s impacts on local lenders and the rural...
Lately we find ourselves asking how we can be better supporters of our grantee partners, who are working in increasingly difficult circumstances to advance social and economic justice across the South. With rapid expansion of income inequality, the gradual erosion of public goods and outright attacks on families’ safety and dignity, their work is more important than at any point in recent history. The Foundation, our partners and the communities we care about are at a critical juncture and “urgency” is the operative word.
Fortunately, the Babcock Foundation board and staff now have the flexibility to consider increased grantmaking opportunities just when they are needed most. After years of planning and research, 2017 marked the first complete year MRBF’s portfolio was 100 percent invested in a mission-related strategy guided by environmental, social and governance (ESG) criteria. These ESG screens require best practices in labor rights, climate impact, natural resource use, corporate governance, supply chain management, community impact and other factors. Not only was the portfolio’s return up more than 20 percent last year, but every asset class outperformed its respective benchmark and achieved ESG impact. The timing of these market gains could not be any better, and we’re committing additional resources to our partners throughout the region.
Recent history and troubling current events are turning a glaring mirror on America, fueling the urgency to shape a more equitable future, to put more shoulder behind that bending moral arc. We’ve watched in horror as white supremacists snake through our streets spewing violence and hatred with impunity. We’ve witnessed the rise of elected leaders who unapologetically express racist attitudes...
The board and staff of the Mary Reynolds Babcock Foundation are pleased to welcome three new directors. With experience in community development, public policy, philanthropy, research and education, these accomplished new members will add breadth and depth to our board’s collective experience and wisdom.
Ashleigh GardereAshleigh Gardere is Executive Vice President...
There’s no denying the past year brought formidable challenges for the organizations and networks working tirelessly to increase social and economic justice across the South. As our grantee partners embark on another year striving to shape a more equitable future, it seems especially important to reflect on a few of the victories they achieved.
Alabama Coalition for Immigrant Justice...