Atlanta Launches $75 Million Initiative to Boost Economic Mobility

Among the 50 most populous cities in the United States, Atlanta holds the lowest ranking in terms of economic mobility. To explore the root causes and identify actionable solutions, the Blank Foundation organized a gathering of local leaders at Mercedes-Benz Stadium on January 13, featuring Harvard economist Raj Chetty, who presented findings from his influential research.

At the event, the foundation unveiled a $75 million funding commitment to Blue Meridian Partners, aimed at fueling a five-year program focused on improving economic opportunity in Atlanta and several smaller communities across Georgia. Organizers express confidence that with strong leadership, collaborative networks, and community dedication, the region can create meaningful progress toward greater upward mobility.

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Economic Mobility Summit Recap
Atlanta ranks last among the 50 largest U.S. cities for economic mobility. In order to better understand why, and what we as a city can do about it, the foundation convened a group of local leaders at Mercedes-Benz Stadium on Jan. 13 and invited Harvard researcher Raj Chetty to share insights from his groundbreaking work. n nDuring the convening, the foundation announced a $75 million grant to Blue Meridian Partners to support a five-year economic mobility initiative in Atlanta and select smaller Georgia communities. We believe Atlanta has the leadership, partnerships and heart to chart a different path forward.

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