Black women are getting the support they deserve thanks to Goldman Sachs.

The Goldman Sachs Group, Inc. announced a $10 billion commitment as a part of its One Million Black Women initiative following an Advisory Council meeting on Jan. 12. The collective pool of 17 business and community leaders includes notable names such as Secretary Condoleezza Rice, Issa Rae, and both Stephen and Ayesha Curry.

The financial backing from Goldman Sachs will support One Million Black Women’s mission to funnel healthcare, job creation, workforce development, education, affordable housing, digital connectivity, financial health, and access to capital to Black women, according to its press release.

“This next round of funding strategically connects the dots across several One Million Black Women impact areas and not only supports the infrastructure that Black women and their families need to thrive but has the potential to uplift communities and address generations of racial and gender inequities,” said Margaret Anadu, Global Head of Sustainability and Impact for Goldman Sachs Asset Management, according to a press release. “We are focused on deploying Goldman Sachs resources in the most effective and impactful ways, and so we are thrilled to support these entrepreneurs and organizations who have a demonstrated track record of supporting their communities.”

Condoleezza Rice

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