Women’s Fund of Central Ohio Launches New Research Project to Examine Wealth Barriers Faced by Central Ohio Women with Major Support from JPMorgan Chase

February 7, 2024

The Women’s Fund of Central Ohio and The Center for Community Solutions will work together to shed light on Central Ohio women’s wealth barriers and advocate for policy change.

Columbus, OHIO — The Women’s Fund of Central Ohio is excited to announce a groundbreaking research project in partnership with The Center for Community Solutions. JPMorgan Chase has invested the significant funding necessary to launch the effort with additional support provided by The Columbus Foundation and Huntington National Bank.  

Driving this research is a major question: how does a lack of wealth and economic security impact the daily experiences and economic resiliency of Central Ohio women? All women, particularly women of color and other marginalized identities, face specific and intersecting gender, racial, educational, and socioeconomic barriers, among others. This research will discover the extent and impact of those barriers and highlight opportunities to invest in improving the economic state of women. The final report will inform advocacy and grantmaking efforts and drive social change through a coalition of public, private, and nonprofit partners.  

“The fastest and most effective way to strengthen Central Ohio’s economy is to acknowledge women’s lived experiences and trust them to lead us in designing better systems where women not only survive, but thrive,” said Women’s Fund President and CEO Kelley Griesmer. “This research project will unearth data that vividly depicts the systemic barriers that women face and offer concrete, practical ways for replacing those barriers with equitable policies and investments that create true progress for women.  

JPMorgan Chase’s substantial funding for this research project is part of its overall strategy to unlock economic growth for the entire region. 

“This research investment will provide our community with a strong foundation to design and implement sustainable, effective solutions to the issues that women disproportionately face,” said Corrine Burger, Columbus location leader for JPMorgan Chase. “Women, especially women of color, are the backbone of our economy. This needed work will help strengthen Ohio communities and create a more inclusive economy for all.”

JPMorgan Chase is also advancing its work to support women through a $1.5 million systems-change investment in an equity design institute led by and for women of color, an initiative that embeds designing for equity into the core of Central Ohio’s economic development efforts. That separate investment is a collaborative effort led by Zora’s House, The Women’s Fund of Central Ohio, and CCAD in partnership with four additional organizations led by and serving women of color in the region: Affordable Housing Trust, Columbus Urban League, Women’s Center for Economic Opportunity, and YWCA Columbus. 

The Center for Community Solutions is excited to employ its deep expertise in data analysis and nonpartisan public policy development to support the research effort.  

“We are thrilled at this opportunity to dig into data to uncover the stories of women’s economic challenges and tenacity. We will hear directly from women throughout Central Ohio on the financial choices they have made and the impact of those decisions on their financial stability. We expect our findings will have both policy and practical implications for women throughout the state,” said Emily Mutillo, the Director of Research and Williamson Family Fellow for Applied Research at The Center for Community Solutions. 

The Women’s Fund of Central Ohio is a nonprofit public foundation focused on gender equity. It creates social change through groundbreaking research, trust-based investments in women and girls, and intersectional advocacy. 

JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorgan Chase had $3.9 trillion in assets and $317 billion in stockholders’ equity as of September 30, 2023. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world’s most prominent corporate, institutional and government clients globally. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com. 

The Center for Community Solutions is a nonpartisan think tank with a mission to improve health, social, and economic conditions through nonpartisan research, policy analysis, communications, and advocacy.