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Economic Security

MDC develops programs that enable families and communities to weather hard times and sustain economic progress. For individuals, that means gaining access to the work supports that can help them rise out of poverty with resources to feed their families, grow their savings, and stay in school. For communities, it means establishing grassroots programs with the outreach capability to reach people who otherwise may not be taking advantage of the financial and educational supports available to them.

Through its Strategic Philanthropy practice, MDC also helps local and regional foundations more effectively deploy their assets by focusing on reducing poverty and promoting social equity, while helping communities develop their own assets. 

As MDC partners with communities to advance equity and opportunity, philanthropic capital is always a needed revitalizing force. Because philanthropy is largely immune to the political pressures of government and the bottom-line pressures of business, it is uniquely suited to provide long-term vision and change in our communities. Yet in many cases, charitable assets are deployed without intentional focus on equity and opportunity for all. It is imperative, then, that foundations develop the insight and tools necessary for long-lasting change.
Many Americans work hard every day but do not earn enough to save and prosper, let alone take advantage of postsecondary educational opportunities to move towards greater economic security. Far too many of the resources designed to help assist these families and individuals go unclaimed every year – leaving nearly $72 billion on the table.
Every day, many low-income North Carolina families struggle to meet their basic needs and to move towards self-sufficiency. Yet more than $3 billion in government supports in the form of tax credits, nutrition assistance, student financial aid, and health care tax credits remain unclaimed each year by eligible North Carolina families.