Karma & Cents Blog

Some of our recent thoughts

A GIVING PORTFOLIO ADDRESSING HYPER-LOCALIZED POVERTY – PINK HOUSE: A CLIENT CASE STUDY

Cradle to grave poverty is on the rise. It is estimated that 8-10% of North Americans live in chronic poverty (more than one-generation at or below the poverty line). Federal and regional poverty reduction strategies have not reduced this number, but have maintained it at a steady state for over a decade.
Pink House Foundation logo with a pink house that has a heart as the chimmney
Inter-generational poverty is largely due to the combination of complex issues including ineffective government policies, immigration, lack of financial literacy education, migration patterns of individuals seeking employment region by region (in-migration following industry booms and out-migration following busts), and lack of affordable housing.
It’s the perfect storm.
Working with the Pink House Foundation we are developing a giving portfolio that looks at how poverty can be addressed at multiple levels from cradle to grave in a given community. Some of the research to back the funding decisions is being provided by the School of Public Policy at the University of Calgary.
The “WHY” behind the Pink House is simple, to quote the founder, “I need to be able to look my employees in the eye and know that I am paying them a living wage.” Every organization supported by Pink House addresses systemic poverty from ensuring that kids have access to quality education; single parents are provided tools around financial literacy and planning; individuals and families have access to affordable, healthy food and a decent place to call home.
To learn more about how we evaluate complex funding programs like Pink House email us info@KarmaAndCents.com

Missed a post?
Catch up here.


What are Your Assets? Time, Talent, Treasures and Ties

In honour of National Volunteer Week we want to highlight the different types of assets that individuals, companies, family foundations and non-profit organizations bring to the charitable sector. Too often people or agencies are labeled by the one thing that they...

Are you ready to take the
next step to Philanthropy 3.0?

Who we are

Karma & Cents™ supports family foundations and family enterprises in attaining their social and legacy objectives by assisting them with Facilitation, Planning, Documentation and the one of a kind Karma & Cents Social Impact Lab

Subscribe to Karma & Cents

The Karma & Cents newsletter provides critical information to keep you updated on a variety of topics around, family enterprise, philanthropy and foundation management, and we are pleased to share it with you!

Our Address

Suite 109 - 5760 9th St. SE
Calgary, Alberta, T2H 1Z9

Telephone

Toll Free:
1 866 936 4483

We're Social!

©2017, Karma & Cents inc. // Karma & Cents is a registered trademark