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Expert on Development Finance to Speak About Economic Inequality

Martin Eakes

Martin Eakes

Martin Eakes, co-founder and CEO of Self-Help Credit Union and the Center for Responsible Lending, will speak Oct. 1 at UNC about whether economic inequality is threatening Americans’ opportunity for prosperity and upward social mobility.

Eakes’ topic for the eighth annual Thomas Willis Lambeth Distinguished Lecture in Public Policy is “Extreme Inequality: Is it Really a Problem?” The free event is open to the public and will be held at 5:30 p.m. in Gerrard Hall.

Eakes, whose Durham-based nonprofit organizations provide consumer financial services, technical support and advocacy for those left out of the economic mainstream, is a nationally recognized expert on development finance and has been a champion of economic empowerment for women, low-income, rural and minority communities.

The North Carolina native was selected in 2011 as one of 12 recipients of the Ford Foundation’s Visionaries Award for his contributions to creating financial opportunities for the poor. In 2013 he received the Hubert H. Humphrey Civil and Human Rights Award from the Leadership Conference on Civil and Human Rights for “selfless and devoted service in the cause of equality.” He also has been honored as a MacArthur Fellow by the John D. and Catherine T. MacArthur Foundation, and in 2009 he was recognized by the Opportunity Finance Network, which presented him with the Ned Gramlich Lifetime Achievement Award for Responsible Lending. He holds a law degree from Yale, a master’s degree from the Woodrow Wilson School of Public Affairs at Princeton and a bachelor’s degree from Davidson College.

The Lambeth speech series, presented by the UNC Department of Public Policy, is named for the 1957 UNC graduate and former executive director of the Z. Smith Reynolds Foundation. It was endowed in 2006 to bring to campus distinguished speakers who are practitioners or scholars of public policy, particularly those whose work addresses education, ethics, democratic institutions and civic engagement.

Lambeth served as administrative assistant to then-Gov. Terry Sanford ’39 and to then-U.S. Rep. Richardson Preyer. Later, for more than two decades, he was executive director of the Reynolds foundation. During his tenure, the foundation awarded grants totaling more than $260 million to address many of North Carolina’s most pressing policy issues, particularly social justice and equity, governance and civic engagement, education, community-building and economic development, and protection of the state’s natural environment.

Lambeth has had a strong personal impact on many key public policy issues in North Carolina and nationally, including leadership of the Public School Forum of North Carolina, Leadership North Carolina and a task force of the national Institute of Medicine on the problems of people who lack medical insurance. He also has been a national leader in improving the management and effectiveness of family philanthropic foundations.

Lambeth is a recipient of the GAA’s Distinguished Service Medal, the University’s Distinguished Alumnus Award and the Davie Award for service to UNC. He chairs the GAA-sponsored Tar Heel Network, which supports the University’s goals and priorities through advocacy with legislators, and serves on the GAA Board of Directors.

See a video profile of Martin Eakes, produced by the Leadership Conference on Civil and Human Rights.

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