Compass joins the Closing the Women's Wealth Gap initiative

Compass recently joined Closing the Women's Wealth Gap, a national initiative to advance policies and strategies that build wealth for low-wealth women and women of color. 

As the initiative notes, "In recent years, the national discussion about the causes of—and solutions to—inequality has focused on income. But for women, a focus on income alone is insufficient because the gender wealth gap is far greater than the income gap."

This initiative is closely connected to the work that Compass does every day with women and their families. The majority of Compass clients are women of color with dependent children. Media wealth for single Black women and Latina women is just pennies on the dollar compared to white men and white women. 

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