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Philanthropy’s Role in Fixing Inequality

Bolder Giving

Thursday, September 24, 2015 from 2:00 PM to 3:00 PM (EDT)

Philanthropy’s Role in Fixing Inequality

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Philanthropy’s Role in Fixing Inequality

September 24, 2pm ET / 11am PT
Hosted by: Otar Makharashvili & Babbie Jacobs | Program Directors, Bolder Giving
Speakers: Keith Mestrich | President & CEO, Amalgamated Bank; Felicia Wong | President & CEO, Roosevelt Institute

Inequality is growing in the United States, a well-documented fact that is an increasingly central concern to the philanthropic community. Recent research indicates that the gap between rich and poor is a growing threat to economic prosperity, environment, public health, peace, democracy, and more. Many foundations have responded in full force to address this pressing issue, with the Ford Foundation recently announcing that all of its grants will be directed to reducing inequality.

Individual philanthropists are now joining the effort to prioritize inequality as a central funding area, but the complex and overwhelming nature of the issue can be a roadblock for many donors who want their individual support to have the biggest impact possible. In response to requests from funders and family foundation staff, our next webinar/bold conversation will tackle the issue of funding the fight against inequality as we dive into strategies for getting started, identifying organizations that are tackling crucial components of inequality, and funding solutions that will work to meaningfully reduce inequality. Our speakers will highlight takeaways from the Roosevelt Institute’s latest report, Rewriting the Rules of the American Economy, authored by its Chief Economist, Joseph Stiglitz. The report has captured the attention of the media, advocacy and philanthropic communities for its clear and comprehensive framework for understanding inequality as a result of human choices – and the policy solutions needed to fix it.

Our speakers will include Keith Mestrich and Felicia Wong. Keith Mestrich is a longtime philanthropist and President & CEO of Amalgamated Bank, the largest majority-owned union bank in the United States. The Bank’s core customers include unions and their funds, progressive not-for-profit institutions and political organizations. Felicia Wong is President & CEO of the Roosevelt Institute, a political think tank dedicated to reimagining the rules to create a nation where everyone enjoys a fair share of our collective prosperity. The Roosevelt Institute brings together multiple generations of thinkers and leaders to help drive key economic and social debates for local and national impact.

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Thursday, September 24, 2015 from 2:00 PM to 3:00 PM (EDT)

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Philanthropy’s Role in Fixing Inequality
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