AFN Greater Philadelphia Region: GI Pilots- A 2025 Local & National Update
Join us as we hear from Greater Philadelphia Region Guaranteed Income pilot designers and implementers on the latest data and outcomes from the variety of GI pilots concluding, and discuss local and national models of success, as well as what action steps funders can take next, informed by the outcomes.
“Guaranteed income, sometimes called guaranteed basic income or basic income, is a cash payment provided on a regular basis to members of a community with no strings attached and no work requirements. It is intended to create an income floor below which no one can fall. While Universal Basic Income (UBI) is a regular cash payment to all members of a community, guaranteed income could be targeted or universal, but focuses on specific individuals within a community, ensuring that those with the greatest need are prioritized for assistance…
Beyond a means of achieving an array of stabilizing and beneficial outcomes, guaranteed income also serves as an important general protection against a wide-range of economic and noneconomic shocks. It is precisely the flexibility of unrestricted money that provides individuals with agency and a way of addressing the needs they experience as most pressing in their lives. In this way, unrestricted cash assistance is swifter, more flexible and responsive than in-kind assistance, such as food, clothing or even housing. While guaranteed income is often considered a regular cash payment made by the government, philanthropic funders are playing a strategic role in advancing this evidence-based solution in four major areas: direct service efforts that test and refine what a scaled-up program could look like; system- and capacity- building efforts that build the broader field; policy and advocacy efforts that ensure the longer term political viability of cash-based policies; and research and innovation that strengthen the case for cash by building needed evidence.” –Guaranteed Income: A Primer for Funders 05.16.2022 • Asset Funders Network, the Center for High Impact Philanthropy, ESP, Springboard to Opportunities
Registration is required as the Federal Reserve Bank is a secure facility.
Please RSVP by 2/13/2025. Additional meeting logistics will be shared with confirmed participants. A light breakfast will be provided. If you require accommodations to fully participate in the meeting, please reach out to Paula Dworek, paula@assetfunders.org by 2/13/2025.
This session is open to philanthropic foundations, financial institutions, community development financial institutions (CDFIs), credit unions, United Ways, public sector funders, and invited community partners. Specific focus on the Philadelphia geographic region.
