Closing the Racial Wealth Gap: Establishing and Sustaining an Initiative

Journal Article

Closing the Racial Wealth Gap: Establishing and Sustaining an Initiative

July 7, 2016

Abstract

By 2003, the savings and asset-building field had achieved critical research and policy successes. However, there were few organizations of color in the field and few experts of color at decisionmaking tables. Over 11 years, the Ford Foundation developed a strategy to understand the knowledge and perspective of communities of color about saving and wealth building, and to include this perspective within the asset-building field. This article provides a social history of the work undertaken to create and sustain this initiative.

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