Minding the Gap: Philanthropy’s Role in Addressing Income Inequality Larger Community Foundations Annual Meeting Austin, Texas February 27, 2014 Yanique Redwood, PhD, MPH President & CEO The Consumer Health Foundation

“We always have inequality, and in America we’re not upset about inequality of outcomes. But we are upset about inequality of opportunity.”

From Brookings Report o The majority of Americans believe that redistribution favors racial minorities o Americans believe that we live in an open and fair society and that if someone is poor it is his or her own fault

Why does a health philanthropy care about income and wealth?

Advocacy for Economic Justice Research Community Education Public Will Campaigns Policy Analysis Community Mobilization Coalition Building

CWBI Community Wealth Building Initiative Worker-owner cooperative businesses Anchor institutions – Hospitals – Universities – Local governments Living wages Ownership and wealth

Narrative and Economic Policy Image borrowed from

Summary Fund advocacy to reform our current economic system Seed efforts to create more just and democratized economic systems Lift up a more accurate set of images, narratives, and representations of people of color who are poor