A philanthropic drive to aid Black women is gaining momentum

By HALELUYA HADERO AP Business Writer
The needs of Black women and girls have become a focus of philanthropic efforts as major donors seek to narrow a racial wealth gap and address chronic funding disparities for groups that serve minority women. This week’s guilty verdicts for Derek Chauvin, the former Minneapolis police officer whose murder of George Floyd sparked global protests against racial inequity, could lend momentum to initiatives from the Ford Foundation, Goldman Sachs and a group of activists and philanthropic leaders. Collectively, they are seeking to increase funding to organizations for Black girls and feminists, and enhance economic opportunities for Black women.