“Being in the Magnolia Mother’s Trust program, that’s been good for me … The thing I love the most is that we have this group chat with the other ladies, and every morning someone just says, ‘Hi, hello!’ ‘Good morning’ and I just love that. I didn’t have that before.”
The Magnolia Mothers Trust
Front and Center: For Nikki, Guaranteed Income Means Financial Security, Community and Hope for the Future
More Cities Are Handing People Cash With No Strings Attached: Here’s Why
Nyandoro’s program started in 2018, way before the pandemic. It targeted moms like Tia Cunningham, who got a call from Springboard to Opportunities’ Magnolia Mother’s Trust three years ago offering her “a late Christmas present.”
Ideas on Tap: Too Much or Not Enough? Bootstraps vs. Bailouts
Goldman Sachs Announces First Round of Capital Investments and Philanthropic Grants to 1 Million Black Women
In March, Goldman Sachs launched One Million Black Women, a new initiative committing $10 billion in investment capital and $100 million in philanthropic support to advance racial equity and economic opportunity by investing in Black women.
Front and Center: “Unemployment Helped Me Sustain,” Says Sabrina, a Mother of the Magnolia Mother’s Trust
“The governor just announced that Mississippi is going to cut us off from extra unemployment benefits so I’ll be losing that $300 a week. It will be tough. I’m a good saver, but it is not going to be easy.”