Happy New Year from the Elmezzi Foundation! This past December, Elmezzi Foundation’s President & Chair, Jose Rivero donned a Santa suit, and even grew out his beard to fill the role of the red-suited philanthropist! Jose, along with the Zone 126 team, Urban Upbound and the Astoria Tenants Association, helped spread good will and smiles to… Read more
This New York Times piece highlights the growing case for making cash grants to fight poverty. Results are showing that “sometimes people just eat better or live in better homes. Often, though, they start businesses and earn more.” The idea that poor individuals are unable to make rational financials decisions is a long held misconception… Read more
In this 2014 report by the Manhattan Institute for Policy Research, Poverty and Progress in New York I: Conditions in New York City’s Poorest Neighborhoods, written by Stephen Eide, it details some of the key findings and trends of specific low-income neighbors in the city. While it notes that the poverty rate has remained largely unchanged… Read more