Cash programs for low-income parents are popping up in city after city. But they’re no replacement for federal policy.
The Magnolia Mothers Trust
How the Child Tax Credit and Guaranteed Income “Help Mothers Like Me Get Out of a Continuous Cycle of Poverty”
“I carry a really heavy load as a single mom. There’s no one else—everything is on me. So it helped ease my burden a lot when I started getting the monthly child tax credits last year.”
A Night of Storytelling
On Thursday, April 21, 2022 we hosted a Night of Storytelling – a night filled with shared stories and conversation with Magnolia Mother’s Trust moms and Kiese Laymon, the award-winning author of Heavy: An American Memoir and several other books and essay. You can watch the livestream on-demand here!
What does a successful guaranteed income program look like? Jackson might have the answer
Last week, Springboard invited the moms to share their stories about the program and Black motherhood more broadly during a live storytelling event.
This basic income program gives no-strings-attached cash to moms living in extreme poverty
In 2021, Magnolia Mother’s Trust—a winner of Fast Company’s 2022 World Changing Ideas Awards—gave $1,000 a month to its third cohort of Mississippi Black moms in extreme poverty, helping them pay their bills, buy food, and save for emergencies.
The Big Money Myths
If you don’t feel great about the way you deal with money or how much you know about the intricacies of finance, you’re not alone. Our culture encourages excessive consumption, financial systems were designed to be complicated, and money myths are hard to escape.