Finding the Catalytic Philanthropy to Help Black Funds Scale

The influential Aspen Institute has decided that the goal of their Future of Wealth initiative is to see Black family wealth grow ten-fold over the next twenty-five years. This would bridge a significant chunk out of the racial wealth gap; the average white family has 10x the assets of the average Black family. Aspen’s grounding […]

Dignity

Dignity is defined as being worthy of respect or honor. I often hear that everyone is deserving dignity at some level. It seems like a fairly understandable concept, but the practice of respecting people seems to be something that is pretty difficult to apply. It seems to be hardest to apply when it comes to […]

CategoriesAccess to Capital Catalytic Capital Church Assets in Transition Faith + Finance Faith on Main Street Lining Up Endowments with Missions Local Economic Policy Local Mission-Guided Investing Neighborhood Investment Trust Ownership Matters Racial Wealth Gap

Press Release: Barber Joins Neighborhood Economics to Help Get Money Into the Hands of People Who Don’t Normally Get It

FOR IMMEDIATE RELEASE Neighborhood EconomicsAnna Golladayanna@faithfinance.netwww.neighborhoodeconomics.org  Barber Joins Neighborhood Economics to Help Get Money Into the Hands of People Who Don’t Normally Get It (Asheville, North Carolina; Portland, Oregon – September 29, 2022) Leroy Barber, co-founder and president of the Voices Project, has been appointed Executive Director of Neighborhood Economics, effective October 1, 2022. Neighborhood […]

CategoriesCatalytic Capital Racial Wealth Gap

How to Create Black Wealth

Derek Peebles has a clear vision of what he wants to accomplish leading Cincinnati’s Common Good Collective.  “We want to create Black wealth in our community,” said the 30-something African American who also leads Amiba, a national association of independent businesses. Nationally, the average white family has $140,000 and the average Black family has $14,000 […]