Inclusive Economy
Inclusive Economy
The Kate B. Reynolds Charitable Trust engaged the ncIMPACT Initiative to advise on developing an overall strategy for its Local Impact Funding. The questions to resolve included the root causes that contribute to Forsyth’s persisting experience with poverty and other related socioeconomic conditions, and how the Trust’s focus should change to address these causes.
The ncIMPACT team analyzed demographic data, the results of an electronic survey of Forsyth residents and workers, and comments recorded during interviews and focus groups to distill the county’s present challenges to ten overarching themes. To address these challenges at the root-cause level, we recommended that the Trust focus its Local Impact Funding on building a more inclusive economy in Forsyth County. An inclusive economy is one in which there is expanded opportunity for more broadly shared prosperity, especially for those facing the greatest barriers to advancing their well-being.