Several organizations revealed Thursday morning that generous donors and organizations paid off almost 24,000 Arkansans' medical debts.
The $35.2 million award announced January 27, 2022 would aid 23,896 people in all 75 Arkansas counties, according to a press release.
According to Joanna Smith-Ramani, managing director of the Aspen Institute Financial Security Program, growing expenses of basic necessities including housing, education, childcare, and healthcare are driving up debt levels.
According to 2015 statistics from the Urban Institute, Arkansas has the second-most non-elderly individuals with past-due medical debt.
The town hall recommended debt avoidance rather than debt reduction.
A customized collection of grant news from foundations and the federal government from around the Web.
William D. Eggers and Paul Macmillan of Dowser write about the social entrepreneurs slowly and steadily dirsupting the world of philanthropy. According to Forbes, philanthropy disruptors are those that believe “no one company is so vital that it can’t be replaced and no single business model too perfect to upend.”