Fact Sheet Designing Effective Corporate Initiatives for Reducing the Racial Wealth Gap
Subtitle
Developing an Initiative’s Theory of Change
Brett Theodos, Ananya Hariharan, Jorge González-Hermoso, Steven Brown, Michael Neal
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This factsheet offers a four-step guide for corporate initiatives to alleviate the racial wealth gap. We explore how these initiatives need to articulate the mechanisms and pathways that can build wealth for people of color, understand the starting conditions, and define success. We leverage the case study of U.S. Bank’s Access Commitment™ to illustrate how corporate initiatives can undertake this work.

Research Areas Race and equity Wealth and financial well-being
Tags Community and economic development Economic well-being Financial knowledge and capability Financial products and services Foundations and philanthropy Financial stability Racial wealth gap
Policy Centers Metropolitan Housing and Communities Policy Center