$100 Million for One Million Black Women Program
After hearing of Goldman Sachs $100 Million Dollar Commitment, my first thought was one of gratitude. I am grateful that Black Women, our sisters, daughters, friends, aunties, cousins, neices, goddaughters, are being thought of. However, my second thought was, “how many were not thought of for a company to commit $100 Million for the One Million Black Women Program?”
If you are not aware on Goldman Sachs Group. Please take a moment to google. Goldman Sachs Group is a premier global financial institution that specializes in a wide variety of financial services such as, securities, investment banking, investment management, and consumer banking for a diverse base of clients inclusive of financial institutions, corporations, governments. Etc. They were founded in 1869.
The One Million Black Women Program is set to rectify racial and gender discrimination issues that Black Women are challenged with, from lack of health care access, lack of investment capital, housing and education inequalities, discrimination and lack of career advancement, job creation, digital divide, and inadequate financial health.
Goldman Sachs research shows that reduction of the earnings gap for Black Women will have the potential to create 1.2-1.7 million United States jobs, and increase the annual U.S. GDP by $300-450 Billion in current dollars.
This investment is grounded in Black Women‘s Voices across Goldman Sachs and an Advisory Council of Black Leaders.
See if you recognize any of these names:
Melissa L. Bradley
Rosalind G. Brewer
Lisa P. Jackson
Valerie B. Jarrett
Dr. Valerie Montgomery Rice
Marc H. Morial
Dr. Dambiso Moyo
Secretary Condoleeza Rice
Dr. Ruth J. Simmons
This list is inclusive of the best and brightest lights. We can’t help but to be filled with gratitude for One Million Black Women and this stellar team of leaders who
will lend their voices, experiences, and leadership excellence.
David M. Solomon, chairman and CEO of Goldman Sachs said, “Our newly published research, Black Womenomics, suggest that no investment could have a bigger impact then unlocking the economic potential of black women.”
Other powerful entities were included on Goldman Sachs listening sessions to gain understanding of barriers to opportunity which black women face and how targeted investments can address these barriers. Those powerful entities included Alpha Kappa Alpha Sorority, Inc. Delta Sigma Theta Sorority, Inc. Zeta Phi Beta Sorority, Inc. Sigma Gamma Rho Sorority, Inc. National Council of Negro Women, Power Rising, Black Women’s Roundtable and the National Coalition on Black Civic Participation, Walker’s Legacy Foundation, Sistahs in Business Expo, and The Links, Inc.
What a list! As a Soror of Delta Sigma Theta Sorority, Inc. I could not be prouder. Together we can make a difference and continue to provide black excellence for women, and youth. It is our responsibility to do so.