Racial Wealth Divide
Racial Wealth Divide Initiative
The Racial Wealth Divide Initiative was launched in 2015 to help CFED address racial wealth inequality in a more comprehensive and targeted manner. To get a regular update on the work of the Initiative, subscribe to our Race & Wealth newsletter. You can also listen to the Race & Wealth podcast to hear the most current in-depth conversations regarding efforts and challenges for bridging the racial wealth divide.
Letter from CFED Racial Wealth Divide Initiative Director, Dedrick Asante-Muhammad
It has been about nine months since the Racial Wealth Divide Initiative (RWDI) launched at CFED. We now have a staff of three and are in the process of hiring one more team member to join us. We are also already in the last couple of months of our first campaign, focused on strengthening African-American organizations’ economic empowerment work. As part of this work, the State Economic Chair of Florida’s NAACP chapter, Torey Alston, wrote an op-ed with our Associate Director, Lilllian Singh, on the need for the Sunshine State to invest in minority businesses.
That’s not all we have in the works, though. As you may be aware, we have started... Read More
Spotlight: Faltered Dreams: What the Death of Dr. King and Freddie Gray Says About the Nation
The following originally appeared in the Huffington Post
This April marks the one-year anniversary of the 2015 Baltimore rebellion and the 48th anniversary of the Baltimore rebellion of 1968. The 1968 rebellion started on April 6 and lasted for over a week, resulting in six deaths, 700 injuries, 5,800 arrested and, in today’s dollars, nearly $80 million in damage. The Baltimore rebellion of 1968 was part of a nationwide phenomenon of the urban black poor taking to the streets in rage over the assassination of Dr. King, a black Southern man firmly rooted in the black upper class and not known for success in the urban north or with their youth. Read More