ATLANTA, July 21, 2025 –  Kindred Futures recently released its latest policy report, “Securing Georgia’s Future: How Baby Bonds Can Build Wealth and Transform Communities,” which reveals how a state-level baby bonds policy could transform the economic trajectory of children across the state, especially in rural and low-wealth communities. The report outlines the urgent need for early-life wealth-building tools in Georgia and highlights how baby bonds—publicly funded trust accounts for children—can narrow racial and geographic wealth divides across the state.

Georgia’s economy is growing, but prosperity remains out of reach for many families. In Forsyth County just north of Atlanta, the median household net worth exceeds $720,000. In nearby rural Chattahoochee County, it’s closer to $15,000. These vast disparities by geography, and wealth are not anomalies; they are the result of generations of unequal access to asset-building opportunities. Wealth disparities like these don’t just reflect the past — they shape the future, limiting the ability of children born into low-wealth households to move up the economic ladder.

“This is about rewriting the economic future for Georgia’s children. Baby bonds represent a bold, actionable step toward closing our state’s geographic racial wealth divide—not through charity, but through public investment in potential. At Kindred Futures, we’re proud to be part of a growing movement that insists on structural solutions and sees Black prosperity as essential to Georgia’s prosperity,” said Alex Camardelle, Ph.D., vice president of Policy and Research at Kindred Futures.  

By design, baby bonds would invest more in children from lower-wealth families, helping to close the wealth divide while benefiting all communities across Georgia. Kindred Futures is committed to building collective Black wealth. As a think and act tank, the organization is a solutions aggregator and influences capital movers.

“This excellent and insightful report reveals vivid intergenerational wealth disparities across geography and, especially, race in Georgia,” said Darrick Hamilton, Ph.D., founding director, Institute on Race, Power and Political Economy at The New School. “To reverse this blight that locks in inequality at birth, baby bonds ensures that every newborn in Georgia has access to capital and the access to wealth that comes along with it.”

Key findings from the report include: 

• A universal baby bonds program in Georgia could build $1.4 billion in new wealth per birth cohort.
• Eligible children could access up to $16,000 by age 18 under the proposed model.
• Rural counties-especially in South and Central Georgia-would benefit most due to higher rates of low-wealth births.
• Baby bonds would advance economic mobility, reduce future public assistance needs, and help close Georgia’s racial wealth divide

The brief also makes the following policy recommendation:

• Georgia should implement a baby bonds program with universal eligibility and tiered contributions, as proposed in House Bill 2847 and House Resolution 998 (2025). Under this model, eligible newborns would receive a starter deposit and children in lower-wealth families (e.g. those on Medicaid) would receive substantially larger deposits or annual top-ups. By age 18, eligible youth could accumulate up to $16,000 in a trust account, depending on investment growth.

Kindred Futures partners with Black Wealth Solution Providers, redefining wealth so that Black people have the opportunity to contribute to and accelerate a just and inclusive economy. That is our promise. We are connected and committed to new models of abundance because we know that investing in people pushed to the economic fringes, results in a thriving economies and communities.

Read the brief here.​