The racial wealth gap in the U.S. is widening. Interwoven structural and socioeconomic factors such as homeownership, household income, unemployment, college education, and financial support and inheritance play roles in maintaining and widening this gap. Today, for every dollar of wealth held by white families, Black families have 13 cents, Indigenous families have 8 cents, and Latine families have 19 cents.
Philanthropy works to address the racial wealth gap by funding interventions and services in order to create and transfer wealth equitably. This three-part webinar series will lift up examples of what it looks like when foundations work to close the racial wealth gap by supporting equitable deployment of capital for Black, Indigenous, Latine, and other entrepreneurs of color.
Foundations invest time and resources in building the programmatic strategy around this work and in choosing appropriate financial mechanisms. Foundation evaluation and learning leaders partner with foundation program leadership to support equitable deployment of capital and are looking for examples of what this looks like in the philanthropic sector.
This series has been put on hold. We will post updates on this page as we have them.
Equity in Action: Learning from Black Leaders Detroit and W.K. Kellogg Foundation on Partnering to Close the Racial Wealth Gap
When: May 1, 2024, 3-4pm ET
Who:
Missed out? Click here for the webinar recording, and explore the key takeaways and transcript here.
Learning together: How the Surdna Foundation and 1863 Ventures have partnered to equitably move capital and learn as they go
When: June 18, 2024, 2p ET
Who:
Missed out? Click here for the webinar recording, and explore the key takeaways and transcript here.
This webinar series is funded by the W.K. Kellogg Foundation.