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"We can help close the economic gaps that Black Americans face, and, in so doing, the entire American economy, potentially generating $1-1.5 trillion per year in GDP," Samantha Tweedy, CEO of the Black Economic Alliance Foundation, says in a press release.
The foundation, a nonpartisan coalition of black business leaders, is out to do just that with its " Architecture for Action," which it says is a "first-of-its-kind, data-backed suite of solutions designed to help leaders in the private and philanthropic sectors take meaningful actions to advance Black economic opportunity and prosperity."
According to the Architecture for Action, which was developed with the input of economic mobility practitioners, policy experts, and leaders across sectors, the solutions focus on eight key areas: housing and real-estate, health care, education, criminal justice, financial system, relationship and interpersonal networks, employment and labor market, physical and digital infrastructure, and more.
"We must reshape the systems that make up our economic infrastructure through efforts that are cross-sectoral, comprehensive, and grounded in the lived experience of Black people," Tweedy says in the press release.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
Foundation: Friedman Charitable Foundation
Chicago'sbel Friedman is known for his philanthropy, but it's what he and his wife, Avi, have done for Chicago's Jewish community that's caught the attention of the Chicago Tribune. The couple...more
Susy Struble is running for a seat on the Piedmont Union School District Board of Education in Northern California, and she's making a point to say she's not running for the money. "I'm running...more
Foundation: MacArthur Foundation
"We are thinking about the whole arc of what it means to support an artist," says Creative Time CEO Jill Magid, "not just the final product, but those moments of community building, those moments of...more
When Stan Rosenberg founded the Arts Extension Service at the University of Massachusetts in 1960, he envisioned it as a way to "develop and nurture arts and culture in communities and community...more
The Zilber Family Foundation has been around for more than a decade, focusing on affordable housing and community development in Milwaukee. Now it's adding two new members to its board,...more
When Jack and Joseph Mandel decided to donate $10 million to the United Way of Greater Cleveland in 2022, they didn't just give it to the cause. They gave it to the endowment they started in...more
People of color make up about 20% of Spokane County, Wash., but they own about 8% of the county's businesses, reports the Spokesman-Review. That's why the Spokane Workforce Council is...more
The Oklahoma Arts Council has released its annual list of grant requests, and it's a doozy. This year's list includes a call for artists to "bring the arts to other statewide organizations," as...more
One of the world's biggest asset managers is taking a stand against climate changeby investing in some of the world's poorest countries. Envestnet, which has more than $100 billion in assets...more
When Aushalay Johnson started doing nails as a part-time job, she quickly fell in love. "I was like, I want to be an entrepreneur," the Texas woman tells the Tyler Morning News. "I had my...more
Community Building News from...
Wells Fargo Foundation
New Hampshire Charitable Foundation
Community Foundation of Southeast Kansas
Dallas Foundation
Oak Park-River Forest Community Foundation
Greater Washington Community Foundation
Rhode Island Foundation
Community Foundation for Greater Atlanta
California Community Foundation
Arizona Community Foundation
Social Entrepreneurship
Spotlight
Using Fashion as a Force for Social and Environmental Good
Jeff Denby co-founded PACT, a movement camouflaged as a clothing company. Denby and his team decided to build a business to fund the causes they believe in.
