Black leaders in Richmond raise $1 million to address structural racism
Black leaders in Richmond raise $1 million to address structural racism
Over the summer, as the economic and health impacts of COVID-19 began to disproportionately affect people of color, and the civil unrest kick-started a national reckoning on systemic racism in the United States, the heads of three organizations in Richmond knew what Black people needed: greater wealth and educational opportunities.
The racial wealth gap in 2016 showed that Black people in the U.S. had just one-tenth of the wealth of white families, according to the Brookings Institution, a Washington think tank. A Black family had an average net worth of about $17,000 while white families in
America had an average net worth of $171,000.
Various leaders from the Community Foundation for a Greater Richmond, SisterFund and the Ujima Legacy Fund wanted to know how they could address more than interpersonal racism, where people are unkind to someone due to their race.
Read more at: Richmond
Over the summer, as the economic and health impacts of COVID-19 began to disproportionately affect people of color, and the civil unrest kick-started a national reckoning on systemic racism in the United States, the heads of three organizations in Richmond knew what Black people needed: greater wealth and educational opportunities. The racial wealth gap in 2016 showed that Black people in the U.S. had just one-tenth of the wealth of white families, according to the Brookings Institution, a Washington think tank. A Black family had an average net worth of about $17,000 while white families in America had an average net worth of $171,000. Various leaders from the Community Foundation for a Greater Richmond, SisterFund and the Ujima Legacy Fund wanted to know how they could address more than interpersonal racism, where people are unkind to someone due to their race.
