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racial equity

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Op-Ed: Corporate Donors Opt For Capacity-Building, Not Just Capital Donations, To Drive Racial Equity

Valentine Ollawa, VP of customer success at Resilia, talks meeting BIPOC -led and -serving nonprofits organizations where they are.

Jun 22, 2023

Wells Fargo Commits $210 Million To Support Minority Homeownership

Wells Fargo pledges $210 million to support Black and Hispanic homeowners through Special Purpose Credit Program and WORTH grants.

Apr 14, 2022

After Black Media Companies Applied Pressure on GM For a Week, the Motor Company is Devoting More Ad Dollars to Them

Mary Barra, the CEO of General Motors (GM), is under fire after the leaders of several Black-owned media companies accused her of racism for refusing to meet with them. The leaders blasted Barra in a full page advertisement in the Detroit Free Press on Sunday, the outlet reported, which included an open letter that said she has refused to meet with them “consistently, over time and after multiple requests.” The ad was signed by the heads of seven Black-owned media companies, including Ice Cube, founder of Cubevision; Byron Allen, head of Allen Media Group; and former NBA player Ulysses Bridgeman, owner of Ebony and Jet magazines. The leaders originally demanded an hour-long Zoom meeting with Barra and GM executives in the ad and asked that GM allocate at least 5 percent of its ad budget to Black-owned media companies. The group said they would like to see Barra’s resignation if these demands weren’t met. “You stand on stage, after the death of George Floyd, saying, ‘Black Lives...

Apr 2, 2021

Apple Introduces Inaugural Cohort of Black Founders and Developers For Tech Entrepreneur Camp

As part of its ongoing commitment to Black communities, Apple has announced a cohort of Black founders and developers for its latest Entrepreneur Camp.

Feb 17, 2021

Walmart Fights Against Racial Disparities, Distributes First Round of $14.3M in Grants to Nonprofits

Walmart is standing on its word to fight against racial disparities in the U.S. On Monday Feb. 1, the retail giant announced that Walmart and the Walmart Foundation will distribute the first $14.3 million of its $100 million commitment in June. Grants will be dispersed to 16 various nonprofit organizations.   View this post on Instagram   A post shared by Walmart (@walmart) “Walmart has made a commitment to advancing racial equity, finding areas where we, as a company, can best contribute our resources and expertise to change society’s systems that perpetuate racism and discrimination,” said senior director of the Walmart.org Center for Racial Equity, Kirstie Simms. “We are excited to announce our initial investment to these deserving nonprofits that help advance racial equity through their organizations every day.” The center’s mission is to extend while also complementing the societal impact of Walmart’s business initiatives in an effort to advance racial equity in the nation’s...

Feb 2, 2021

Google Announces $175M Fund and Concrete Commitment to the Black Community

Google announced that they're creating racial equity initiatives within the company to support Black-owned businesses, entrepreneurs, and education in STEM.

Jun 18, 2020

Racial Equity - AfroTech | AfroTech