https://www.urban.org/urban-wire/despite-racial-wealth-gap-black-philanthropy-strong

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The well-documented and persistent racial wealth gap is itself great cause for concern. But it also leads to concern about the implications for broad participation in charitable giving—that is, whether people across income categories, professions, racial or ethnic identities, and age groups can meaningfully contribute their income and wealth to support social causes. Taking a look at the latest available data on wealth and charitable giving, it is clear that black families, though hindered by a history of structural barriers and practices that have blocked asset building and wealth creation, are choosing to prioritize philanthropy. Of all racial or ethnic groups in the dataset, black fami... Full story

21 August

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