What are the chronic factors that are keeping so many Columbus families – more than one in ten – locked in a multi-generational cycle of poverty, and what new resources are needed to help these families break free of the poverty cycle once and for all?
Central Ohio is a rapidly growing, vibrant community, generating the lion’s share of Ohio’s overall economic vitality. Yet despite its affluence and prosperity, Columbus is experiencing growing inequality between our neighbors with resources and those who are struggling. Franklin County’s poverty rate is higher than the statewide average, with 14.3% of county residents living in poverty in 2021, versus 13.4% across Ohio. From 2000 and 2020, over half (55%) of the net population growth in Columbus was comprised of people living below 200% percent of the poverty line.
Columbus is among the least-promising places in the nation for low-income children to climb the financial ladder. Personal savings rates have also hit a new low for many families: 68% of Americans are worried about being able to afford living expenses for just one month if they lost their primary income source, and 57% of adults are unable to afford a $1,000 emergency.
We're joined by a panel of passionate experts to better understand the multi-generational cycle of poverty in Central Ohio, and the critical resources, initiatives, and programs that can help our Columbus neighbors escape the poverty cycle forever.
Featuring panelists:
Tony Collins, CEO & President, YMCA of Central Ohio
Lawrence Funderburke, Founder, President, and Certified Financial Planner, Funderburke Institute of Financial Empowerment
Stephanie Hightower, President and CEO, The Columbus Urban League
And Karen Mozenter, CEO, Jewish Family Services
The moderator is Tonisha Johnson, Emmy Award-Winning Multimedia Journalist and Anchor, Spectrum News 1
This forum was sponsored by Kroger. It was supported by The Ellis.
The livestream presenting sponsor was The Center for Human Kindness at The Columbus Foundation. The livestream partner was The Columbus Dispatch.
This forum was recorded before a live audience at The Ellis in Columbus, Ohio's historic Italian Village on April 17, 2024.
