Journal Article

Features: The Philanthropy Gap in Rural America


Abstract: Warsaw, Va., is well positioned to welcome visitors to Virginia's Northern Neck, the northernmost of three peninsulas jutting out into the Chesapeake Bay. Travelers from Richmond and parts farther west enter the peninsula via a bridge over the Rappahannock River and quickly find themselves in Warsaw's downtown, where they are greeted by colorful storefronts and charming brick sidewalks. But just a few years ago, they would have seen something very different: abandoned buildings, cracked sidewalks that dated back to the Great Depression, and streets that regularly flooded due to poor stormwater drainage. Most would have elected to continue driving.

Keywords: philanthropy; rural; small towns; community investment;

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File(s): File format is application/pdf https://www.richmondfed.org/-/media/RichmondFedOrg/publications/research/econ_focus/2024/q4/feature2.pdf
Description: Journal Article

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Bibliographic Information

Provider: Federal Reserve Bank of Richmond

Part of Series: Econ Focus

Publication Date: 2024-12-05

Volume: 24

Issue: 4Q

Pages: 8-11