This program is hosted by our partner, Asset Funders Network (AFN), who has extended an invitation to PNY members.
Prior to the pandemic child care was already unaffordable for 63% of parents. In fact half of families lived in child-care deserts. One in 3 working families struggle to find childcare despite knowing that access to affordable quality child care is essential to parents’ ability to fully participate in the workforce. Unfortunately the existing business model for child care providers is unsustainable based on historic structural issues including provider payments, scheduling, and the lack of recognition that home based child care providers are business owners to name a few.
Reimagining the infrastructure/ecosystem needed to support child care providers requires solutions that address the historic and structural issues and designing innovative approaches that not only allow the providers of this critical care to survive economically but to also provide a pathway to building sustainable asset building opportunities.
We have a chance to rebuild the child care system with greater access for lower-income families and people of color by addressing known challenges with its financial model. Taking a bold approach that gets to the root cause of the inequity will strengthen our workforce and our broader economy. To do this we must test out new models for investments that support a sustainable operating model, requiring cross-sector support and collaboration.
What will you learn?
- The current challenges around the financing landscape for child-care businesses
- Understanding the need and vision for more equitable cross-sector solutions
- Exploring innovations in financing models which can support home based childcare businesses to build assets
- Lifting up opportunities for catalytic philanthropic collaboration and investments
Speakers
- Eileen Calderon, Communications Manager, Child Development Associates
- Lauren Grattan, Co-Founder and Chief Community Officer, Mission Driven Finance
- September Jarrett, Program Officer, Heising-Simons Foundation
- Bevin Parker-Cerkez, National Program Director, Local Initiatives Support Corporation (LISC)
- Joselyn Cousins (Moderator), Assistant Vice President, Federal Reserve Bank of San Francisco
Who should attend?
All interested funders in grantmaking roles. What to expect: presentation followed by Q&A.
How do I sign up?
Registration is required by March 28th.
Members and Non-Member Funders: Please click on the "Register Now" link above. Webinar information will be emailed to you before the webinar.
Please note: To ensure fairness among our members, we reserve the right to limit the number of attendees per organization for select professional development programs.
Please email register@philanthropynewyork.org with any questions.
In collaboration with
