Lisa Mensah Joins Goldman Sachs ‘One Million Black Women’ Advisory Council
On March 9, Goldman Sachs announced its new One Million Black Women (OMBW) initiative, a $10 billion investment to positively impact at least one million Black women…
Blog
Tag: Racial Equity
First Finance Justice Fund Loans Announced
OFN is excited to announce the first two Finance Justice Fund recipients. Congratulations to Indianapolis Neighborhood Housing Partnership (INHP) and IFF, two CDFIs going deep to combat…
Comcast Announces $5 million Grant Program for BIPOC-owned Small Businesses
Comcast has announced the next element of Comcast RISE – the Comcast RISE Investment Fund. This $5 million grant program will provide 100 individual…
Black-Led CDFIs to Help Drive More Than $40 Million in Google Funding to Black-Owned Businesses
Minority-led CDFIs — like minority-owned businesses — often face an uneven playing field when it comes to accessing capital to grow their…
Bill Clinton Joins CDFI Leaders to Discuss Power of CDFIs for Inclusive Economic Recovery
On February 2, former President Bill Clinton joined leaders from across the CDFI, political, philanthropic, and corporate sectors to talk about how…
Raza Development Fund Offers Covid Relief to Latino Small Businesses with Wells Fargo Grant
Latino small business owners are the fastest-growing group of entrepreneurs in the U.S. As of 2020, there are 1.1 million minority-owned small businesses, which…
Philanthropy News Digest Interview with OFN President and CEO Lisa Mensah
After serving for two years as under secretary of agriculture for rural development in the Obama administration, Lisa Mensah joined OFN as…
Starbucks Announces $100 Million Investment in CDFIs and Other Impact-focused Financial Institutions
On January 12, Starbucks announced new initiatives as part of its long-standing commitment to use its scale and platform to positively impact the communities…
ACE Accelerates Growth and Resiliency of Diverse Businesses with Wells Fargo Grant
The magnitude of this global pandemic’s impact on small business is extraordinary, posing an unparalleled economic danger to families and communities. Unwavering…