African-American

Echoing Green Announces $2.5 Million Commitment from Comcast NBCUniversal to Advance Racial Equity 

Retrieved on: 
Tuesday, February 16, 2021

Echoing Green announced today a $2.5 million commitment from Comcast NBCUniversal to the organizations $50M Racial Equity Philanthropic Fund .

Key Points: 
  • Echoing Green announced today a $2.5 million commitment from Comcast NBCUniversal to the organizations $50M Racial Equity Philanthropic Fund .
  • Comcast is committed to championing this critical work, and we view this partnership with Echoing Green as a fundamental part of our efforts to advance greater equity for all.
  • Over the next three years, the Echoing Green Racial Equity Philanthropic Fund will:
    Support 500 social enterprises whose work is focused on racial equity.
  • I am thrilled to see this work expand through the Echoing Green Racial Equity Philanthropic Fund, said Felecia Hatcher, an Echoing Green Fellow, Comcast partner, and co-founder of the Center for Black Innovation.

Morgan Stanley Selects 11 Startups for 5th Cohort of Multicultural Innovation Lab Supporting Diverse Founders

Retrieved on: 
Tuesday, February 16, 2021

Morgan Stanley today announced the fifth cohort of the Multicultural Innovation Lab , an accelerator program for technology and technology-enabled start-ups in the postseed to Series B funding rounds.

Key Points: 
  • Morgan Stanley today announced the fifth cohort of the Multicultural Innovation Lab , an accelerator program for technology and technology-enabled start-ups in the postseed to Series B funding rounds.
  • We are excited to kick off the first cohort of 2021 to support talented, diverse entrepreneurs on their journey to success, said Alice Vilma , Managing Director and Co-Head of the Multicultural Innovation Lab.
  • The Multicultural Innovation Lab, part of our Multicultural Client Strategy Group, was launched to promote financial inclusion and decrease the funding gap for diverse entrepreneurs.
  • Learn more about the Morgan Stanley Multicultural Innovation Lab here .

VF Corporation Announces New Programs and Actions to Advance Racial Equity

Retrieved on: 
Thursday, February 11, 2021

VF Corporation (NYSE: VFC), one of the worlds largest apparel, footwear and accessories companies, today announced that it is implementing new programs and actions to advance racial equity within the company and beyond.

Key Points: 
  • VF Corporation (NYSE: VFC), one of the worlds largest apparel, footwear and accessories companies, today announced that it is implementing new programs and actions to advance racial equity within the company and beyond.
  • VFs CARE recently established an initial set of commitments for VF to pursue, which directly align with the companys Inclusion, Diversity, Equity and Action (IDEA) strategy.
  • Pay Equity By 2024, VF will assess and resolve any identified pay gaps for employees, sponsored athletes and influencers across the organization through a pay equity analysis.
  • The Black Equity at Work certification will help VF develop a rigorous plan to pursue diversity goals and focus on equitable actions that impact people, purchasing and philanthropy.

Serena Williams Extends Opportunity Fund Commitment, Highlights Unstoppable Black Women Who Made History

Retrieved on: 
Wednesday, February 10, 2021

Tennis icon, fashion and jewelry designer Serena Williams is extending her support of Opportunity Fund.

Key Points: 
  • Tennis icon, fashion and jewelry designer Serena Williams is extending her support of Opportunity Fund.
  • Throughout February, a portion of proceeds from Serena Williams Jewelry will benefit Opportunity Funds Small Business Relief Fund, directly supporting Black small-business owners.
  • Purchasing a necklace or bracelet from Serena Williams Jewelry Unstoppable collection not only enhances a womans accessory wardrobe, but also gives her a sense of empowerment by helping others.
  • ABOUT OPPORTUNITY FUND: Opportunity Fund is the nations leading nonprofit organization supporting diverse, resilient entrepreneurs through these challenging times.

More Black Americans Report Permanently Changing Their Spending and Saving Habits as a Direct Result of the Pandemic

Retrieved on: 
Tuesday, February 9, 2021

According to the research, 74% are planning to make permanent changes to the way they spend and save due to the COVID-19 crisis.

Key Points: 
  • According to the research, 74% are planning to make permanent changes to the way they spend and save due to the COVID-19 crisis.
  • Furthermore, 75% are planning for their financial future differently as a result of the pandemic, prompting a growing appetite for financial planning resources.
  • Eric Bailey is a registered representative of, and Bailey Wealth Advisors is a marketing name for registered representatives of, Lincoln Financial Advisors.
  • Securities and investment advisory services offered through Lincoln Financial Advisors Corp., a broker-dealer and registered investment advisor, member SIPC.

ESSENCE and Ulta Beauty Announce the Launch of New Collection for Girls United: Beautiful Possibilities 2.0 Mentorship Program

Retrieved on: 
Tuesday, February 9, 2021

ESSENCE, the leading media, technology and commerce company serving Black women and communities, and Ulta Beauty, the nations largest beauty retailer announced the launch of their second ESSENCE X Ulta Beauty Girls United Beautiful Possibilities collection.

Key Points: 
  • ESSENCE, the leading media, technology and commerce company serving Black women and communities, and Ulta Beauty, the nations largest beauty retailer announced the launch of their second ESSENCE X Ulta Beauty Girls United Beautiful Possibilities collection.
  • The collection is the culmination of Girls United: Beautiful Possibilities 2.0 , a year-long mentorship initiative designed to inspire and mentor African-American young women.
  • This exciting program originally launched in Fall 2018 and resulted in the development of their first collection.
  • The Girls United: Beautiful Possibilities 2.0 Collection is available now in all Ulta Beauty stores and online at ulta.com (click here to view.)

Hollywood Legend Jane Fonda Answers Workers’ Call by Pledging to Boycott the Chateau Marmont

Retrieved on: 
Friday, February 5, 2021

Legendary actress, producer and activist Jane Fonda has responded to a call for support by vowing to not return to the Chateau Marmont until it has addressed concerns raised by the hotels workers and UNITE HERE Local 11.

Key Points: 
  • Legendary actress, producer and activist Jane Fonda has responded to a call for support by vowing to not return to the Chateau Marmont until it has addressed concerns raised by the hotels workers and UNITE HERE Local 11.
  • Last March, the Chateau Marmont management fired virtually its entire workforce, leaving workers who had dedicated decades of their lives to the hotel without job security or affordable healthcare during the pandemic.
  • In response, Chateau workers successfully organized to help win a path-breaking city law to ensure that hospitality workers can return to their jobs as the crisis subsides.
  • Many of the hotel's workers have since spoken out about their experiences working at the hotel, including on issues of disrespect, mistreatment, and a racially stratified workplace.

Ventas Named a Founding Partner for Real Estate Executive Council’s Diversity Initiative

Retrieved on: 
Thursday, February 4, 2021

Ventas, Inc., (NYSE: VTR) (Ventas or the Company) today announced a partnership with the Real Estate Executive Councils (REEC) Diversity Initiative.

Key Points: 
  • Ventas, Inc., (NYSE: VTR) (Ventas or the Company) today announced a partnership with the Real Estate Executive Councils (REEC) Diversity Initiative.
  • As the Founding Diversity Partner Healthcare Real Estate, Ventas will make a four-year, $100,000 commitment to support REECs mission to serve as a conduit for increasing diversity, equality and inclusivity throughout the commercial real estate (CRE) industry.
  • We are honored to have Ventas on board for this important initiative, said Ken McIntyre, REEC Chief Executive Officer.
  • Ventas, an S&P 500 company, operates at the intersection of two powerful and dynamic industries healthcare and real estate.

Historic St. John African Methodist Church, Inc. Pastor Blaine Hackett Joins Citizens for a Pro-Business Delaware in Calling for Governor Carney to Appoint a Black Justice to the All-White Chancery Court

Retrieved on: 
Wednesday, February 3, 2021

Today, Pastor Blaine Hackett of historic St. John African Methodist Church, Inc. in Newark joined Citizens for a Pro-Business Delawares (CPBD) calls to fill the vacancy of Chancery Court Chancellor Andre Bouchard with a Black justice.

Key Points: 
  • Today, Pastor Blaine Hackett of historic St. John African Methodist Church, Inc. in Newark joined Citizens for a Pro-Business Delawares (CPBD) calls to fill the vacancy of Chancery Court Chancellor Andre Bouchard with a Black justice.
  • Al Sharpton in his recent letter to President Biden advocating for increased diversity within the federal judiciary, and in Delaware.
  • For too long in Delaware, and across the nation, our leadership has not reflected the diversity of our congregations, our neighborhoods or our State, said Pastor Blaine Hackett of St. John African Methodist Church, Inc.
  • Pastor Hackett has joined Citizens for a Pro-Business Delaware in their $250,000 awareness campaign for diverse appointments in leadership and on courts.

Royal Oils and Gold Series Launch “Crowns of Heritage” Campaign to Help Black Families Connect with their African Roots

Retrieved on: 
Wednesday, February 3, 2021
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210203005619/en/
    The P&G Haircare Brands Black History Month Campaign reinforces #RootedInScience as a Foundational Link to Black Heritage and Black Haircare.
  • The Crowns of Heritage campaign allowed all of us to expand our family group to include ethnic groups from West and Central Africa.
  • Royal Oils and Gold Series are #RootedInScience, and that underpins all we do to ensure we deliver products that truly serve Black consumers.
  • Join Royal Oils, Gold Series and AfricanAncestry.com to share your #CrownsofHeritage this Black History Month:
    WATCH the Royal Oils and Gold Series Crowns of Heritage video: https://youtu.be/sbCE94TjI1k .