Washington, D.C.-based nonprofit Prosperity Now has partnered with the Northwest Area Foundation to share findings outlining the work of six community-centered financial stability projects to address the racial wealth divide.
On Feb. 20 from 9 a.m. – 12 p.m. Prosperity Now’s Racial Wealth Divide Initiative (RWDI) will host an online event to reveal the insights of the three year-long African American Financial Capability Initiative (AAFCI), an initiative funded by the Northwest Area Foundation. RWDI helped 30-plus partnering organizations to build and implement community-centered financial stability pilot projects to improve and protect the economic security of African-Americans in six cities Minneapolis and St. Paul, Des Moines, Portland, Seattle and Tacoma, Wash.
The AAFCI Communities of Practice were each tasked with designing and implementing pilot projects to strengthen asset-building services, sharpening policy advocacy strategies and growing leadership capacity to benefit local communities. Prosperity Now’s RWDI team will also showcase its approach to technical assistance for local organizations working to innovate economic systems through a racial equity lens.
The event will feature Andrea Levere, president, Prosperity Now, Lillian Singh, director of Racial Wealth Divide Initiative, Prosperity Now, Kevin Walker, president and CEO, Northwest Area Foundation, Dr. Kilolo Kijakazi, Urban Institute fellow and director, Integrated Financial Coaching Project, Dr. Darrick Hamilton, executive director, Kirwan Institute for the Study of Race and Ethnicity, Pierre Joseph, program officer, Solidago Foundation, Gary Cunningham, president and CEO, Metropolitan Economic Development Association, Leon Garnett, Chief Operations Officer, Byrd Barr Place, Deidre DeJear, owner, Caleo Enterprises and Ambreasha Frazier, project manager, Minneapolis Urban League. The event is moderated by Cat Goughnour, senior program manager, Racial Wealth Divide Initiative, Prosperity Now.
To learn more, visit www.prosperitynow.org/african-american-financial-capability-initiative.