We can do this.
I joined Trust Funds for All Children (TFAC) in the winter of 2020, just before the truth about COVID 19 was widely known by the majority of Americans. At that moment, the United States was heading into the height of the Democratic primary process. I personally was thinking through the morass of policy questions that needed sorting in order for me to make a decision regarding the support of a candidate.
For each of the candidates I was considering, the issue of wealth inequality needed to be addressed in a sober fashion. The policies of both the left and the right had done little to stop what seemed to be an inexorable march towards a much smaller middle class and growth of the underclass. And in a perverse twist on the economic and public health tragedy of the pandemic, American billionaires saw their wealth increase by nearly 1 Trillion US dollars.
This is not a post to disparage the ability of the wealthy to accumulate more wealth. In fact, it is quite the opposite. Having created TFAC specifically with the goal of ending poverty worldwide, in large part by leveraging the generosity of the individuals who are part of the Giving Pledge, we are seeing a path towards achieving our goal of a trust fund for every child. More importantly, our organization and our supporters have been heartened by the thoughts of policy analysts, philanthropists, fund directors, and economists. Their consensus, much like our belief at TFAC, is that poverty is not a natural state and it is within our power to end it.
Over the past few decades we have seen staggering declines in global poverty, and yet there remains more to do.
The following article does a wonderful job of painting the picture of our various roles and the need for a global focus on addressing what has become a more focused and attainable goal.
As always thank you for your interest in our work and enjoy the article.
Charles L. Greene II
Trust Funds for All Children