Blog

Tag: Racial Equity

Racial Equity in Times of Crisis: Let’s Interrupt History (Part 2)

Originally posted 9/1/2020 by OFN member IFF A blog by IFF CEO Joe NeriOn April 15th, IFF CEO Joe Neri published a…

September 15, 2020

OFN Awards Second Round of Google Financing

OFN is pleased to announce the second round of Grow with Google Small Business Fund loans and Google.org-funded grants. In this round,…

July 22, 2020

Events, News

Asking and Answering “Where Do We Go from Here?”

What is systemic racism? How can we rise to today’s calls for equity and justice for Black lives? What role can and…

July 22, 2020

News

$10 Million Netflix Investment in HOPE Credit Union Sets Example for Private Sector

Hope Enterprise Corporation/Hope Credit Union (HOPE), a community development financial institution (CDFI) based in Jackson, Mississippi, will use a $10 million investment from Netflix to import capital…

July 9, 2020

News, Voices

Wells Fargo Launches $400 Million Small Business Recovery Effort

In April 2020, Wells Fargo CEO Charlie Scharf made an industry-leading commitment to donate all gross processing fees from the Paycheck Protection Program back…

July 9, 2020

News

OFN Awarded Grant from Newly Established Tipping Point Fund on Impact Investing

The Tipping Point Fund on Impact Investing (TPF), a donor collaborative vehicle with a mission of scaling the practice of impact investing, announced its…

July 8, 2020

News

Netflix to Invest 2% of Cash Holdings in CDFIs and Other Organizations Serving Black Communities

Netflix Director of Talent Acquisition Aaron Mitchell and Director of Treasury Shannon Alwyn announced in a June 30 blog post that the company will…

June 30, 2020

News

Google Announces New $50 Million Investment in CDFIs and Black Community

On June 17, Alphabet and Google Sr. Vice President & CFO Ruth Porat published a blog post regarding the company’s commitment to helping small businesses…

June 18, 2020

Voices

CDFIs–Bringing about a New Season in America

Yesterday, we buried George Floyd. In the tradition of the black church, mourners found the strength to sing, to praise, and to…

June 5, 2020