Closing the racial wealth gap -
one gift at a time
10X
The Racial Wealth Gap
The typical White American family has roughly 10 times as much wealth as the typical African American family. Jubilant Money is striving to close this gap.
$187K
Median Net Worth
$187,300 is the median net worth of a White household in the U.S. This is the net worth that Jubilant Money aims to see every Black Gift Recipient's household reach in order to help close the racial wealth gap.
How Jubilant Money Works
Jubilant Money helps to close the racial wealth gap by supporting Black households, or Gift Recipients, in accomplishing their financial goals by offering free financial coaching and connecting them with anonymous Gift Givers who payoff debts and gift assets.
1. Gift Recipients Sign-up
Potential Gift Recipients fill out a pre-screening form. If they are eligible, they will be invited to create an anonymous Jubilant Money profile.
2. Gift Givers Browse Profiles
Gift Givers can browse Gift Recipients' profiles and anonymously pay down a Recipient's debt and/or gift an asset.
3. Close the Racial Wealth Gap
Black households’ net worth increases and the racial wealth gap closes!
"It's time to move from a pursuit of money toward a pursuit of people."
Diamond Walton, Founder & Chief Gift Giver