The GRO Fund is launching Freedom Futures: Cash for Today, Capital for Tomorrow. The pilot program, which aims to address the racial wealth divide, gives selected participants $500 a month in guaranteed income and up to $40,000 in Baby Bonds for wealth-building, along with financial advising.
Applications are now open for young adults between 18 and 25 for the first-of-its-kind 4-year program.
Hope Wollensack, the founding executive director of the GRO Fund, and Amit Khanduri, the director of programs, were guests on Monday’s edition of “Closer Look.”
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