The Black Wealth Data Center, Bloomberg Connects, and Hands to Heritage
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John,
February is Black History Month, when we celebrate the achievements of Black
Americans, reflect on the hard-won progress made toward a more just and
equitable society, and take stock of the challenges that remain.
This month, we want to highlight some of our partners and programs that are
working to advance racial wealth equity, sharing important traditions and
stories from the past, and showcasing Black arts and culture.
The Black Wealth Data Center <[link removed]>
Did you know that Black people in the U.S. pay higher average home loan
interest rates than any other racial and ethnic groups? Did you know that
Florida is home to more Black-owned businesses than any other state? Or that in
2022, almost 36% of Black households carried education debt?
These numbers -- and many others -- come from the Black Wealth Data Center's
Racial Wealth Equity Database <[link removed]>,
which empowers decision-makers working to improve and chronicle economic
opportunity by making it easier for them to find and analyze reliable data
correlated to economic well-being and progress by race. The Database is a
resource launched with support fromthe Bloomberg Philanthropies Greenwood
Initiative
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, which is focused on accelerating the pace of wealth accumulation for Black
individuals and families and addressing systemic underinvestment in Black
communities.
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Take a moment to explore the site's resources <[link removed]>,
including data visualizations, a resource library with analysis from experts,
and categorized wealth indicators tracking data on education, homeownership,
assets and debts, and more:
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For more insights, listen to this episode of our Follow the Data podcast
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, where Katherine Oliver speaks with Garnesha Ezediaro, who leads the Greenwood
Initiative, Darrick Hamilton, the Founding Director of the Institute for the
Study of Race, Stratification and Political Economy at the New School, and
Lamar Gardere, the Executive Director at The Data Center of Southeast Louisiana
and national recipient of the Black Wealth Data Center and National
Neighborhood Indicators Partnership’s Local Data and Engagement Grant Program.
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LISTEN NOW
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Celebrating Black Voices and Stories <[link removed]>
This month, Bloomberg Connects <[link removed]> is
highlighting Black stories, voices, and artists touching on the themes of race,
equity, society, and history. Follow along onInstagram
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learn more about the artists.
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Make sure you download the free Bloomberg Connects app
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featured art and artists -- and more than 350 cultural institutions around the
world:
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Connecting with History through Hands to Heritage
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Part of our Women's Economic Development Initiative, Hands to Heritage has
helped foster economic opportunities through the traditional art of sweetgrass
basket weaving.
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WATCH NOW
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The initiative and a documentary about the women and communities involved have
also raised awareness about the history of the Gullah people in Charleston,
South Carolina and the culture and art of weaving baskets, which dates to the
1700s and represents one of the oldest West African art forms in America.Watch
the documentary
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to see how Hands to Heritage has helped build ties to Black history, connected
cultures and generations across continents, and played a role in important work
on peace and reconciliation.
Thanks,
Bloomberg Philanthropies
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About our work
Bloomberg Philanthropies invests in 700 cities and 150 countries around the
world to ensure better, longer lives for the greatest number of people. The
organization focuses on creating lasting change in five key areas: the Arts,
Education, Environment, Government Innovation, and Public Health.
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Public Health
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Education
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Government
Innovation
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Environment
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The Arts
Bloomberg Philanthropies encompasses all of Michael R. Bloomberg's giving,
including his foundation, corporate, and personal philanthropy as well as
Bloomberg Associates, a philanthropic consultancy that advises cities around
the world. In 2023, Bloomberg Philanthropies distributed $3 billion.
Learn more at Bloomberg.org
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