Building Wealth for All: The Power of Baby Bonds in Connecticut - Non Profit News | Nonprofit Quarterly
Briefly

from Non Profit News | Nonprofit Quarterly2 months ago
Connecticut’s innovative baby bonds program provides an initial $3,200 grant for newborns on Medicaid, aimed at narrowing wealth disparities and fostering future opportunities.
Non Profit News | Nonprofit Quarterlyhttps://nonprofitquarterly.org/building-wealth-for-all-the-power-of-baby-bonds-in-connecticut/
This program symbolizes a broader movement towards addressing economic inequality, emphasizing intergenerational investments that can empower future generations with the means for better education, homeownership, or entrepreneurship.
Non Profit News | Nonprofit Quarterlyhttps://nonprofitquarterly.org/building-wealth-for-all-the-power-of-baby-bonds-in-connecticut/
Baby bonds initiatives could inspire other states to implement similar programs, potentially changing the narrative around wealth building in communities historically marginalized or economically disadvantaged.
Non Profit News | Nonprofit Quarterlyhttps://nonprofitquarterly.org/building-wealth-for-all-the-power-of-baby-bonds-in-connecticut/
With wealth gaps widening across the nation, Connecticut’s pioneering policy could serve as a blueprint for states seeking to foster economic equity and support families.
Non Profit News | Nonprofit Quarterlyhttps://nonprofitquarterly.org/building-wealth-for-all-the-power-of-baby-bonds-in-connecticut/
Read at Non Profit News | Nonprofit Quarterly
#baby-bonds #wealth-gap #economic-equity #policy-innovation #generational-wealth
[
|
]