Help Us Learn How to Close the Racial Wealth Gap

Research reveals that general well being is linked not only with a country’s all round level of prosperity, but also with how that wealth is distributed—and in the United States, distribution of prosperity is deeply, fundamentally, and progressively unequal. Health fairness is impossible unless of course we dismantle structural racism, defeat the racial wealth hole, and distribute wealth extra equitably.

That’s why the Robert Wood Johnson Foundation’s (RWJF) work to progress health and fitness equity and a Lifestyle of Well being incorporates a emphasis on economic inclusion for all families, no subject their race or zip code. If you are living in a local community that has minimal or no cash coming in, your overall health and wellbeing is not likely to be safe. Group and spouse and children wealth are essential to superior health and fitness.

Funding Investigation into the Alternatives We Need to have

Procedures that make and maintain financial stability and wealth for households of colour are the concentration of our funding option. We are not seeking for exploration that only paperwork the difficulty or examines the hurt the racial wealth hole will cause. Fairly, we are wanting for analysis that identifies community-oriented policies that can effectively dismantle the racial prosperity hole.

Candidates have to propose investigations into plan solutions that align with the work of racial justice businesses and group groups. Amongst the lots of possibly transformative guidelines getting proposed and examined proper now are:

●       Infant bonds,
●       Reparations,
●       Tax credits and exemptions,
●       Community land trusts,
●       Neighborhood asset possession,
●       Universal simple profits,
●       Confronting and closing the racial wealth gap for people with disabilities,
●       Guidance for Black, Indigenous, and People of Shade (BIPOC)-owned organizations, and
●       Lots of some others.

We aim to fund investigate into how powerful people and other coverage ideas are at producing environments that permit communities and families of colour to aspiration, commit, and style and design inclusive economies that create and maintain generational wealth. We expect the evidence that emerges from this function to tell and incentivize policymakers to devote in answers.

We welcome programs from men and women and teams that could not have applied for RWJF grants in advance of and will glance favorably on candidates that heart group involvement in their research design. By carrying out so, we hope to help adjust the demographics of who does plan exploration and diversify people who are deemed industry experts.

In all its grantmaking, RWJF centers wellbeing fairness by looking for scientists who bring lived and skilled practical experience to the table, produce nuanced, racially disaggregated facts, make communities influenced by the research a section of the analysis course of action, and utilize equitable analysis ideas.

Through this new plan, we intend to advance anti-racist insurance policies and make it attainable for communities of coloration that have been denied chances during our history to finally construct intergenerational wealth and reap the overall health and financial benefits it provides.