Lack of access to financial services is not just a symptom of America’s racial wealth gap; it is also a cause. Without the ability to efficiently save, invest and insure against risks, many Black families struggle to translate the income they earn to genuine generational wealth. Based on data from…
The higher the circulation of dollars in a community, the greater the economic stability and opportunities for economic growth. According to the University of Georgia’sSelig Center for Economic Growth, money circulates one time within the African American community, compared to more than six times in the Latino community, nine times…
In 1906, a wealthy African American,O.W. Gurley, moved to Tulsa, Oklahoma and purchased 40 acres of land that he wanted to ensure would be sold only to other African Americans. Gurley provided a path to security and prosperity for Blacks struggling in the segregated Jim Crow South. His experiment created…
Andrew J. Young Co-Founder Andrew J. Young is an activist, elected official, groundbreaking ambassador, social entrepreneur, and adviser to presidents. Young attended segregated schools in New Orleans and graduated from Howard University before attending Hartford Theological Seminary. He became active in the American Civil Rights movement, working closely with the…
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