Growing up in a working-class, Black family in Baltimore, Maryland, Rodney Foxworth saw his parents working “doubly hard” to get by — taking on multiple jobs, with their health sometimes paying the price.
One such recent effort is an $800,000 “character-based” lending fund to facilitate loans to BIPOC entrepreneurs in the states of Minnesota, New Mexico, and Ohio.
“They're walking the walk — shifting the conversation to get philanthropic organisations to think differently,” Rasmussen said. There has been increased debate about racial and income inequality in the US since the Black Lives Matter protests and the start of the pandemic, with the COVID-19 crisis spurring Common Future to launch a major new initiative in 2020.
“I was really proud of how we were able to make that commitment — 10% ,” Foxworth said. “We got the dollars out very quickly.”
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