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May 10, 2021
May 10, 2021
Give Grandly! nets $178K so far, still aims for record Written by Aaron Rogers on May 10, 2021
(Photo by Aaron Rogers for the Daily Press)
Matthew, Crystal and Sofia Baska of Albuquerque receive information Saturday about donating to Give Grandly! from Bernadette Smyth and Martin Miller (seated) at the Silver City Farmers’ Market on Pope Street.”
By most objective measures, Give Grandly! is once again shaping up to be a resounding success for area nonprofits and it’s not too late to help make an even bigger splash.
After a record year in 2020, when total funds raised more than doubled from the previous year, as of Sunday morning this year’s totals had already outpaced those previous years as well. The tally for 2021 hasn’t yet approached the 2020 record, however, when more than $221,000 was donated by the community as the organizations supported by the event were bracing for the impact of
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Grant County has the third highest poverty rate in Indiana, at 16 percent in 2019, according to the U.S. Census. Grant County-based Afena Credit Union has developed a program to try and lower that percentage.
Experts say payday loan storefronts and the cycle of debt can add to the wealth disparity, especially for communities of color.
Marion is the Grant County seat, and is nearly 15 percent African American, according to the 2019 U.S. Census.
CEO of Afena, Karen Madrey said high interest emergency loans can lead to a cycle of borrowing and repaying.
“When you’re in a high poverty community, it makes the residents of the community a little bit more vulnerable, Madrey said. And we know that there are lenders that prey.”