The Babcock Foundation occasionally commissions learning papers to increase our board and staff knowledge of various pathways out of poverty, with a focus on the Southeastern US. This is a study commissioned by the Babcock Foundation and released in June 2011 to inform organizational thinking about the challenges and opportunities facing Community Development Financial Institutions.
Community Development Financial Institutions (CDFIs) are for-profit and non-profit financial institutions that provide access to credit and other financial services in low-income and minority markets that traditionally have been underserved by mainstream institutions. The Mary Reynolds Babcock Foundation has been a long-time supporter of CDFIs in the Southeast through its grantmaking and program related investments.
