Atlanta Wealth Building Initiative Launches Black Community Wealth Network
The network will bring together investors, partners, advocates, and scholars to build Black community wealth.
FOR IMMEDIATE RELEASE
Nov. 28, 2023
Contact: media@atlantawealthbuilding.org
ATLANTA — The Atlanta Wealth Building Initiative is proud to launch the Black Community Wealth Network, a national network positioned to build a broad network of practitioners and supporters committed to the task of building Black community wealth. The purpose of the broader Black Community Wealth Network is three-fold:
to serve as a think tank on issues concerning Black community wealth building;
to co-design strategies, bolster capacity, prototype new ideas, and conduct research in service to Black wealth-building; and
to collectively contribute to redefining and expanding the notion of Black community wealth.
“When we released our manifesto earlier this year, I knew we would expand the narrative to apply a more interdisciplinary analysis on what it means to build wealth for Black people and communities,” said Dr. Janelle Williams, CEO and Co-Founder of the Atlanta Wealth Building Initiative. “Through this network, our research, and partnerships, we are dedicated to building Black wealth. We are grateful to bring together a key group of investors, advocates, practitioners, and scholars who will continue to help us create a just economy for Black people.”
“When I joined the Atlanta Wealth Building Initiative, I knew that building this network would serve as a key part of fulfilling our mission,” said Kim Addie, Vice President of Strategy and Impact at the Atlanta Wealth Building Initiative. “Through this network, we are grounded in centering the experience of Black communities, and I look forward to fostering collaboration, amplifying voices, and achieving our collective goal to build Black wealth with our distinguished activation cabinet members.”
“I’m so excited for the opportunity to be connected to and share the importance of this network. Now more than ever we have to create the opportunity to build Black wealth that is grounded in our values and dismantles the structures and institutions that continue to rob us of land, rights, and economic freedoms,” said Tamieka Mosley, Director of Grantmakers for Southern Progress and member of the Black Community Wealth Network Activation Cabinet.
The Black Community Wealth Network launched with over 40 organizations including representatives from The Annie E. Casey Foundation, Aspen Institute, Black Innovation Alliance, Brookings Institution, Center Black Women's Wellness, Community Foundation for Greater Atlanta, Decide Dekalb, Federal Reserve Bank of Atlanta, Grantmakers for Southern Progress, Hive Fund for Climate and Gender Justice, Rockefeller Foundation, Urban Institute, Village Micro Fund, and Washington Center for Equitable Growth.
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About the Atlanta Wealth Building Initiative
Atlanta Wealth Building Initiative (AWBI) is a catalytic nonprofit that seeks to achieve shared prosperity by building Black wealth through community wealth building strategies. We are a community of investors, advocates, and activists working to transform systems and structures of capital to create opportunities to build Black wealth in Atlanta and across the South. We promote an understanding of community wealth-building strategies to cultivate the engagement, capacity, and leadership necessary to shape a new economic narrative.
By challenging systemic bias and introducing new systems and structures of capital, AWBI aims to re-engineer and redesign Atlanta’s economic ecosystem such that all sectors, from small businesses to large corporations, to anchor institutions, philanthropy, nonprofits and government, consider day to day how to integrate the economic well-being of our most disenfranchised families and communities into their strategy and operations.