Sigma Phi Beta

Phi Beta Sigma Partners With Operation HOPE To Help Create 1 Million New Black Businesses By 2030

Retrieved on: 
Tuesday, August 3, 2021

ATLANTA, Aug. 3, 2021 /PRNewswire/ -- Phi Beta Sigma Fraternity, Incorporated today announced a groundbreaking partnership with Operation HOPE's national One Million Black Business Initiative (1MBB) .

Key Points: 
  • ATLANTA, Aug. 3, 2021 /PRNewswire/ -- Phi Beta Sigma Fraternity, Incorporated today announced a groundbreaking partnership with Operation HOPE's national One Million Black Business Initiative (1MBB) .
  • Collectively, HOPE and Phi Beta Sigma will leverage the fraternity's 250,000 servant leaders to further its mission of inclusiveness, with a focus on building a supportive ecosystem for Black entrepreneurs.
  • Phi Beta Sigma becomes first of the 'Divine 9' to join Operation HOPE's initiative to create 1M new Black businesses.
  • Zeta Phi Beta Sorority, founded in 1920 with the assistance of Phi Beta Sigma, is the sister organization of the Fraternity.

Phi Beta Sigma Fraternity, Inc. Donates $50,000 to National Urban League

Retrieved on: 
Friday, July 3, 2020

WASHINGTON, July 3, 2020 /PRNewswire/ --Phi Beta Sigma Fraternity, Inc. will donate $50,000 to the National Urban League to aid the civil rights organization's youth programming, the fraternity announced today.

Key Points: 
  • WASHINGTON, July 3, 2020 /PRNewswire/ --Phi Beta Sigma Fraternity, Inc. will donate $50,000 to the National Urban League to aid the civil rights organization's youth programming, the fraternity announced today.
  • The fraternity's International President, Micheal E. Cristal, made the announcement during a video interview with National Urban League President, Marc Morial.
  • "The National Urban League's record mirrors Phi Beta Sigma's history; this made the Urban League a natural partner organization.
  • The $50,000 donation is the first of several strategic giving investments Phi Beta Sigma will make this summer.