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Corporations committed $50 billion to Black communities: How it started, how itâs going
June 26, 2021
Kia Croom, an Oakland native now in Washington, D.C., works hard to ensure that corporate dollars get funneled into Black communities and organizations. Since the 2020 height of the Black Lives Matter movement, hundreds of multi-national corporations have verbally aligned themselves with Black lives â but is their money where their mouth is? Kiaâs challenge to all companies is for permanent philanthropic giving to Black communities to address centuries of structural racism.
by Kia Croom
Last summer several American corporations made public statements condemning George Floydâs murder, affirming that Black Lives Matter and pledging $50 billion in support of Black communities, according to a study from Creative Investment Research. However, since then, just $250 million has been committed or allocated, according to the firmsâ analysis.
As Facebook Austin prepares for an eventual return to the office and end of the coronavirus pandemic, the leader of the company s Austin operations says she sees immense opportunity for Facebook to continue to grow in Central Texas.
Despite the pandemic, Katherine Shappley, head of Facebook Austin s office, said the company s Austin team is busier than ever, a trend that will only continue as looks to keep growing and investing here.
Facebook s presence in Central Texas has increased rapidly since it first opened an Austin office in 2010 with just seven employees, a number that climbed to over 125 employees by the end of its first year.
St. Paul Mayor Melvin Carter cruises toward second term despite criticism about crime and policing The 42-year-old first-term mayor of Minnesota s capital city has no high-profile opponents. May 8, 2021 6:36pm Text size Copy shortlink:
Mayor Melvin Carter could hear the gunshots from his house in St. Paul s Summit-University neighborhood last weekend.
Seven people were injured in three separate shootings. The next day, he listened to distressed neighbors make competing demands, some for more police, others for alternative approaches to preventing violence.
With the police chief at his side, Carter condemned the shootings but made no new commitments. We have a lot of work to do, he said in response.