In 2015 the Federal Reserve Bank of Boston released a study that revealed a city divided: median white wealth was $247,000, compared to median black wealth at $8. Not long after, Aaron Tanaka and Libbie Cohn walked into the office of a Boston financial firm to pitch...
Back in the early 1960s, my grandfather was a self-sufficient farmer in central South Dakota, until one summer, a storm came and wiped out his farm. He tried reaching out to banks for a loan to get him back on his feet and running again, but they denied him as they...
In September 2017, the storm hit. We received a flurry of anxious calls from people desperately in need. Hurricane Maria had just devastated Puerto Rico. The electrical grid was down and fuel scarce and expensive – many gas generators sat idle and useless. Portable...
Working in social finance, I’m motivated by a desire to help create a society that is more equitable across gender, race, and class—and my fellow financial activists are too. We know one thing we need to address is unconscious bias. We want to combat it, and yet, we...
New cannabis business Spiritleaf has made a conscious decision to weave social responsibility into their company from day one. By pledging to support the Downie Wenjack Fund and other initiatives, the company is leading the way in showing how businesses can use their...
The United States houses 25 percent of the world’s prison population and, according to reports, spends $80 billion a year on incarceration. That means each American resident is paying around $260 annually to maintain the prison system. In California alone, $9 billion...
