Jubilant Circle Registrations Are Open!✨

In 2023, the U.S. Federal Reserve System published findings on wealth inequality from it’s 2022 Survey of Consumer Finances. That year, they found that the median wealth (or net worth) among:

• Asian families was $536,000 (nearly twice that of White families)

• White families was $285,000

• Hispanic families was $61,600 (about 20 percent of the wealth of the typical White family)

• Black families was $44,900 (about 15 percent of the typical White family) 

  
  

Over the past few years billions of dollars have been committed to advance popular approaches to closing the racial wealth divide including promotion of:  Black homeownership through increased mortgage lending, Black business ownership through increased small business lending, and more financial literacy.  The challenge with these solutions is that they often require Black folks to take on more debt, they do not address limited wages or lack of generational wealth, and there is little infusion of non-dilutive capital into these households or communities. 

We are very excited to collaborate with social entrepreneur Diamond Walton, MPH who just launched Jubilant Money - a company that facilitates anonymous gift transfers to help close the Black-White racial wealth gap in the U.S. 

Registration is open for the beta version of the Jubilant Circle platform! Learn more here. 

⭐ Potential Gift Recipients - interested in being one of the first Gift Recipients on Jubilant Circle? Take a moment to complete the pre-screening linked above. 

💵 Potential Gift Givers - interested in leveraging gifts to close the racial wealth gap? Great! Sign up on the Gift Giver waitlist. You will be notified in early May when Jubilant Circle opens up to begin accepting gifts. - Sign up here

We look forward to transforming the world with you one gift at a time.

Nafasi Ferrell, Founder Narratives Unbound LLC