Our work is centered around investing in positive outcomes and results for individuals and society.
Righting the Rules for Shared Prosperity
Our work centers around investing in positive outcomes and results for individuals and society. We believe that impact at scale means redesigning current systems, which requires the courage to think, behave and collaborate differently. Building upon our past work around results-based financing, impact investing, and performance-based funding, as well as our data for social good projects, the Beeck Center is embarking upon a new initiative to examine and change the rules of the game to achieve shared prosperity.
The Fair Finance Initiative will help shape conversations around investing with impact and contribute to an evidence base that will lead to changes in public policy and business practices.
Creating equity for all through the tools of finance
Financial systems power our economy. The finance industry is driving wealth creation, innovation and economic growth in the United States and globally. All too often the policies that shape the flow of capital are enabling and serving an elite group who are already extremely comfortable. This new Beeck Center initiative envisions a world where the tools of finance are intentionally directed towards improving all of society and equalizing access to opportunity. This initiative seeks to examine and deconstruct the financial systems that perpetuate inequity and a profit-only mindset.
Furthermore, trends indicate that we must act now. Technology, social innovation, and impact investing are resulting in exponential change around the world. Increasingly, individuals are examining their lifestyles and demanding social impact in every area of their lives, including purchases, investments, and other choices. The time is now for bold, audacious ideas and policies to drive private capital into overlooked, underestimated and under resourced communities.
Audacious solutions for challenging economic, political and environmental realities.
As part of Georgetown University, the Beeck Center creates the room for sometimes uncomfortable conversations, while seeking and profiling audacious solutions.
Finance is a fundamental tool for solving intractable social problems like poverty and wealth inequality. At the Beeck Center, we seek to confront the powerful constituencies that promote and preserve the myth of opportunity or the “American Dream,” which ignores systemic and persistent barriers to financial and economic success. We will draw upon global examples to identify scalable solutions for the United States that address these challenges. Economic growth in many US communities continues to be constrained by obstacles like racism and sexism. Access and opportunity have not been evenly distributed, while rational thinking and data tells us that talent and potential are evenly distributed throughout the country in rural and urban areas; among whites, African-American, Latinx, and Asian communities; between tribal lands and places settled for centuries; and across religious groups and ethnicities.
Financing Immigrant and Refugee Integration
Financial tools can help bring ideas to action by aligning interests and marrying different streams of capital. We’ll engage a diverse group of stakeholders and experts including investors (both traditional and impact), policymakers, corporations, community leaders, academics (from both national universities and community colleges), and representatives from the immigrant and refugee communities, to identify the most promising (and most scalable) approaches to financing economic integration.View Project
Reimagining Community Investing for the 21st Century
Now more than ever, we need informed policy-makers who are able to utilize comprehensive research in the legislative process. Reliable research can bolster a more comprehensive and inclusive approach that sparks vital conversation amongst all stakeholders. The policy briefs will be published public resources that can be accessed via digital platforms for use. Their digital format will allow interactive information dissemination and usage for anyone seeking to inform themselves on community investing.View Project
Equitable Access to Capital Markets
The Equitable Access to Capital Markets team is conducting field work to advance the access, growth, and success of minority-led and women-led financial services firms, including a survey of current initiatives, a stakeholder convening, and recommendations for moving the needle to create access.View Project
Inclusive Community Impact Investing
The bipartisan passage of Opportunity Zones (OZs) legislation in December 2017 created a new incentive for investment of capital into low-income communities across the country, and helped catalyze multi-stakeholder conversations on the topic.View Project
Strengthening Training and Advancement of Essential Workers in Low-Wage Jobs: Recommended Action for FundersRead More
Strengthening the U.S. Digital Infrastructure for Fair Finance: Recommendations for a New AdministrationRead More
UVA Wise and Entrepreneurship in Appalachian VirginiaRead More
Untapped Assets: Stillman College And The Landscape Of HBCUsRead More
Rowan University: A Blue-Collar SoulRead More
Designing a Public-Private Partnership to Deliver Social OutcomesRead More
Smarter Government For Social Impact: A New Mindset For Better OutcomesRead More
Funding For Results: How Governments Can Pay for OutcomesRead More