$100. That is the median net-worth for single African American women. For single Hispanic women, it’s $120. When a woman has limited to no assets, how can she cope with a financial emergency or build for the future? She can’t.
But at AWF, we are working to make a change. We’re excited to announce the Breaking Barriers, Building Women: Economic Empowerment Program, which will award a total of $1 million over two years to eight local nonprofit organizations, focusing on higher education and asset building for low-income women in Clayton, Cobb, DeKalb, Gwinnett, and Fulton counties.
The eight nonprofit organizations receiving funding for year one are:
- 9to5 Georgia
- Atlanta Habitat for Humanity
- Buckhead Christian Ministry
- Clayton State University Foundation
- Gwinnett Tech Foundation
- H.O.P.E., Inc.
- Literacy Action
- Nicholas House
AWF will also host annual workshops and trainings for the grantee cohort. Through round-table discussions and presentations, our grantees will explore the challenges facing women and discuss the best ways to engage groups and individuals to build momentum and best practices on improving the well-being of women in Georgia. The goal of these trainings is to encourage dialogue, to build partnerships, and to foster collaboration among our grantee partners in the program and with grantees in our mental health and workforce development programs.
The ability to earn and accumulate assets determines whether families can leave poverty behind and achieve economic security. Through the Breaking Barriers, Building Women: Economic Empowerment Program, we are helping low-income women in metro Atlanta to do just that.
To learn more about the eight nonprofits in this program, click here.