Poor people pay more than those with resources for the most basic things. This is absurd. Their food is more expensive since poor neighborhoods often lack grocery stores. Home furnishings get paid for on credit - at exorbitant rates. They often rely on check cashing services and payday loan services instead of banks - so even their paychecks get slammed by interest rates.
Why don't community foundations or other locally-focused foundations address these issues? Grants to nonprofits aren't going to solve these problems. Program-related investments in local communities might make some impact. But why not use philanthropic capital to back a system of loans and credit that can actually help people get out of debt and have access to some of the credit and financial tools that are key to building wealth?