Mental health is easily the most frustrating corner of a healthcare sector rife with shortcomings and unmet needs. What’s maddening in this case is that government funding has declined even as the potential for improving mental health has increased. Worse, perhaps, is how a backward mental health system routinely inflicts harm on those people who come in contact with it.
Back in the spring of 2013, when plans for the first enrollment period for ACA were underway, funders were skittish about the public knowing of their support for enrollment efforts, fearing negative backlash from conservative critics. Now, with the White House’s recent announcement that 11.4 million Americans have successfully signed up for Obamacare, funders are more openly acknowledging their support for enrollment efforts.
Nonprofits and funders on the side of improving access to housing and financial assets for low-income people are closely watching a showdown in the Supreme Court on “disparate impact.”
The Silicon Valley Community Foundation sees itself as a catalyst for change and a leader in the community foundation sector, and for good reason. It gives out more grants than any other community foundation in the United States. With more than $6 billion in assets, this philanthropic powerhouse can push hard on new initiatives and set high standards for the rest of the community foundations in the country to aspire to.
One area where SVCF is aiming to do this is in curbing predatory lending, as part of its broader strategy of promoting economic security. SVCF gets that usurious wealth stripping practices can keep low-income households from ever building assets and getting ahead. You can’t build economic security when you’re in the red thanks to outrageous interest charges.
Exciting things happened in philanthropy this year. Check out this list.
It’s hard to know how many people lost their homes thanks to this bank’s abusive lending and foreclosure practices, but the answer is probably “a lot.”
Bill Gates talks about income inequality and recommends a consumption tax on luxuries.