Giving Compass' Take:
- The panel addresses racial disparities in the financial sector by tackling systemic issues that hinder people of color to obtain the financial tools and education necessary to build wealth.
- What other factors serve as barriers to economic mobility? How can donors play a role in helping close opportunity gaps for financial success?
- Read more about why wealth equality remains out of reach for Black Americans.
What is Giving Compass?
We connect donors to learning resources and ways to support community-led solutions. Learn more about us.
Recent events, from the tragic murder of George Floyd to the shocking attack on the U.S. Capitol, have sparked a seismic shift in society’s acknowledgement of the need for transformational action to address systemic, institutionalized racism.
Watch Closing Opportunity Gaps by Investing in Black Financial Institutions: a panel to learn how Henry Crown Fellows are uniting to tackle issues that divide society and limit our collective prosperity by supporting institutions like Hope Credit Union, the leadership venture of 2013 McNulty Prize recipient, Bill Bynum.
During this conversation, participants will discuss racial disparities in the financial sector, and the critical role played by minority banks in improving employment, education, housing, health and other conditions that are vital to increasing economic mobility. The panel moderated by HCF 1998 Mark Contreras, President & CEO, Connecticut Public Broadcasting, will highlight how AGLN members can support these vital, yet undercapitalized anchor institutions.
Read the full article about closing opportunity gaps at The Aspen Institute.