The Economic Mobility Action Network is a two-year pilot made up of six community foundation teams coming together to further an economic mobility agenda for their communities.
The ongoing COVID-19 pandemic has exposed the tremendous economic insecurity that exists for millions of people in our country. While immediate response to the public health crisis is essential for all communities, the philanthropic sector must also look ahead to rebuilding the economy in a way that addresses the long-standing systemic issues that have made it difficult for too many families to thrive.
The Economic Mobility Action Network, launched in Spring 2020, is specifically focused on improving the economic circumstances of low-income families and addressing racial disparities. This work is critically important now as people from coast to coast experience reduced incomes, job loss and financial anxiety. Community foundations — with their local knowledge and relationships, independence, philanthropic assets, and public charity status — are uniquely positioned to help.
About the Economic Mobility Action Network
The Economic Mobility Action Network is a pilot community foundation issue network managed by CFLeads and funded by the Bill & Melinda Gates Foundation with additional support from the Charles Stewart Mott Foundation.
The Network, which is comprised of six community foundation teams that include board members, CEOs, senior staff and community partners, will work together over two years to better understand the key elements of economic mobility, build their community leadership capacity, identify and implement solutions, and support learning and action of the other participants and the community foundation field.
The Network is designed for participants to:
- Apply the five community leadership competencies in their economic mobility work.
- Employ and further develop key tactics to advance their economic mobility agenda through the five competencies.
- Identify the benefits of a strong local-national funder relationship in tackling a complex issue.
- Develop peer connections with others in the cohort that can be leveraged as they work toward greater economic mobility in their communities.
The participants in the Economic Mobility Action Network were selected based on a number of factors, including their existing economic mobility work, a demonstrated commitment to racial equity, strong community leadership experience, as well as demographic and geographic diversity.
The community foundations that make up this pilot Network are:
- Community Foundation for Greater Buffalo
- Foundation for Louisiana
- Greater Cincinnati Foundation
- The Chicago Community Trust
- The San Francisco Foundation
- Southwest Initiative Foundation
If you have any questions about the Economic Mobility Action Network, please contact Leonard Brock at email@example.com or 617-854-3549.