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JPMorgan Chase CEO Jamie Dimon Reaffirms Commitment To DEI Amid Evolving Workplace Landscape

JPMorgan Chase CEO Jamie Dimon has revealed his thoughts amid the ever-changing landscape of workplace diversity, equity, and inclusion (DEI) practices. In a shareholder letter shared via Axios, Dimon reiterated the bank’s commitment to DEI, noting its programs that include resource groups for Black, LGBTQ+, and employees living with disabilities, as well as other initiatives, including a fund geared toward helping entrepreneurs of color, investing efforts in rural communities, and recruiting at Historically Black Colleges and Universities (HBCUs). Moreover, Dimon revealed that the $30 billion racial equity commitment made by JPMorgan Chase in the wake of racial unrest and turmoil in 2020 is “nearly completed,” with plans to make the initiative a permanent program. “We’re thoughtfully continuing our diversity, equity, and inclusion efforts,” he wrote. Dimon also confirmed that the initiatives will adjust as laws continue to evolve around these issues. His statement comes at a time...

Jun 10, 2024

Google Funds Guaranteed Basic Income Program In California's Bay Area To Help Give Up To $12K Per Month To Families

A program working to “break the cycle of homelessness for good” in the Bay Area of California has launched, and Google is backing its mission., the charitable arm of Google, is a funding partner for It All Adds Up (Bay Area Thriving Families Study), a pilot program that is providing 450 families in the Bay Area who have faced homelessness with guaranteed basic income for a year. Each family is given a randomized amount of either $1,000 a month for 12 months or $50 a month for 12 months, according to the program’s website. Its fellow funding partner is J-PAL North America, a regional office of the global research center Abdul Latif Jameel Poverty Action Lab housed at Massachusetts Institute of Technology (MIT). Bay Area families that receive services from Compass Family Services or Hamilton Families and are part of their rental subsidy/rapid re-housing programs qualify for the recurring cash payments as long as they are in the final three months of their housing subsidy....

May 10, 2024

How Gina Belafonte Carries On Her Father's Legacy

Gina Belafonte is someone who walks the walk and talks the talk. As the executive director of Sankofa, she’s combining the arts and activism to carry on her father’s legacy. Though initially starting out as an actress, Gina Belafonte is now focusing her efforts on the organization her father started and choosing to focus her efforts on larger social justice causes. But that doesn’t mean she doesn’t use entertainment to get her point across. On March 1, HB95 — a celebration of Harry Belafonte’s 95th birthday — will be a star-studded event that will take place at the Town Hall Theater in New York City. Proceeds will benefit Sankofa, whose mission “educates, motivates, and activates artists and allies in service of grassroots movements and equitable change,” per the organization’s official website. Their outreach is, of course, grassroots in nature — they work with local partners to amplify their message, but their amplification involves some of the biggest names in the entertainment...

Phaedra Ellis-Lamkins Went From Managing Prince To Using Tech To Fight Social Injustice

For years, Black Americans have fought social injustice, and this woman is using technology to further the movement. Phaedra Ellis-Lamkins, social justice advocate, and CEO at Promise joined AfroTech’s Will Lucas on the latest episode of Black Tech Green Money to further discuss how technology can be used to not only amplify social justice work but set our people up for success. Through her work at Promise, Ellis-Lamkins helps people to avoid utility shut-offs, license revocations, sky-high interest fees, and incarceration with flexible, interest-free payment plans, a range of payment options and even 24/7 client support. “Most of my preparation game is really from being broke,” she expressed. “I say that because I think your life is shaped by your own experiences and how the world sees you. So for me, [some people] I hear their amazing stories and they’re like ‘I felt triumphant,’ but unfortunately for me, I think I felt a lot of shame.” She further explains what it was like to be...

Sep 28, 2021

La La Anthony Invests In LEUNE, A Luxury Cannabis Brand Addressing Social Injustice

La La Anthony wears many hats — businesswoman, actress, television personality, author, and investor. According to a press release, in her latest venture, she put on her investor hat with an investment in LEUNE, a California-born cannabis brand — founded by Nidhi Lucky Handa — with a focus on shedding light on social injustice. “LEUNE is honored to be part of the cannabis community – the constant excitement and growth potential is part of what keeps us dancing on our toes. We also realize that being in our industry comes with a platform – an ability to use our voice and help bring awareness to social injustice and inspire true, positive change. There is a mountain of work to be done, and beyond the fad buzzwords and headlines of the week, we’re here for as long as it takes,” the company website says. One of LEUNE’s recent actions include a partnership with the Last Prisoner Project, an organization working to end marijuana convictions. In January of 2021, the company launched an...

Sep 7, 2021

These Women Were Just Promoted at the Largest Black-Owned Social Justice Fundraising Firm

Bridge Philanthropic Consulting (BPC) — considered the largest full-service Black-owned social justice fundraising firm — has announced new promotions within the company including appointments of Dr. Tashion Macon and Prof. Jennifer Jiles to its staff. According to a press release, Dr. Macon — an award-winning Marcom Strategist and Culturalis — has been promoted to Senior Vice President of Marketing/Branding and Social Justice Strategy where she will utilize her wealth of knowledge in branding and marketing to lead this department. Additionally, Prof. Jiles — an award-winning integrated communications leader, writer, content editor, and producer — has moved up the ranks as the new Senior Vice President of Communications and Public Relations/Social Justice Strategy. “We are thrilled to advance the roles of these two outstanding leaders—BPC is poised for continued growth and market expansion—Dr. Macon and Jennifer Jiles both bring the commitment to quality, experience, and vision to...

Jan 26, 2021

Johnson & Johnson Commits $100M to Provide Health Equity Solutions For Black and Brown Communities

Healthcare company Johnson & Johnson has announced plans to expand its commitment and address racial and social injustice in the U.S. The organization has pledged $100 million over the next five years to invest in and promote health equity solutions for Black and brown communities across the country, according to a news release . The COVID-19 pandemic has upended the economy throughout the year and revealed implicit systemic racism that has greatly impacted health equity in America. “The quality of your healthcare should not be determined by your race and ethnicity,” said Alex Gorsky, Chairman and Chief Executive Officer of Johnson & Johnson, in a press statement . She continued her statement sharing her sentiments of the state of healthcare for Black and brown citizens in America: “There is an urgent need to take on the inequities rooted in systemic racism that threaten health in communities of color across the United States. That’s why Johnson & Johnson is focusing its efforts and...

Nov 18, 2020

NIKE Announces Official Partnership and $1M Grant For Black Girls CODE

Last month, NIKE, Inc. announced a $40 million commitment to support Black initiatives in the fight against racial injustice over the next four years in a formal statement . Today, they continue their dedication by donating a $1 million grant to Black Girls CODE. Excited to announce that as part of @Nike 's $40M, four-year commitment to fight systemic injustice, the brand has donated $1M to support @BlackGirlsCode ! It's an honor to be recognized alongside @NAACP @NAACP_LDF two organizations driving impactful change. — Black Girls CODE (@BlackGirlsCODE) July 29, 2020 Black Girls CODE — an organization dedicated to changing the narrative surrounding racial and gender diversity in STEM by educating and empowering girls and young women of color — is now considered an official partner of NIKE as they both work together to create long-lasting change for the Black community. “Our goal is to train 1 million girls by 2040, but that’s the...

Jul 29, 2020

Carmelo Anthony, Chris Paul, Dwyane Wade Announce Support Fund For Black Community

It’s always good to see athletes using their platforms to fight for justice and change. This week, NBA stars Carmelo Anthony, Chris Paul, and Dwyane Wade launched the Social Change Fund to offer more financial support and resources in the Black community while also addressing issues like public safety and criminal justice reform, according to The Hollywood Reporter . The three athletes have banded together to put their money behind concrete action. “Our mission is to address social and economic justice issues facing Black communities and break down the discriminatory barriers to success,” Paul said in an Instagram post . “The Social Change Fund will help advance racial equality and opportunity.” Additionally, the fund is acting on behalf of the Black community in America who has gone unheard and mistreated in response to our demands for justice. “When all else fails to organize us, conditions will,” Anthony said in...

Jul 23, 2020

NBA Star Jrue Holiday Pledges Remaining Salary to Social Justice Fund

The social justice initiatives keep rolling in, and now athletes are stepping into the mix to help fight against systemic racism. New Orleans Pelicans star Jrue Holiday has generously pledged his remaining NBA 2019-2020 salary toward social justice funds and initiatives, BET reports . In collaboration with his wife and former U.S. women’s soccer team player Lauren Holiday, the two have formed the Jrue and Lauren Holiday Social Justice Impact Fund . View this post on Instagram A post shared by Jrue Holiday (@jrue_holiday11) “I have pledged the remainder of my 2020 NBA salary as a progressive step toward combating systemic racism as well as social and economic inequality that continues to prevent Black communities from upward mobility,” Holiday wrote in his post. According to his post, the philanthropic fund will assist “Black-led nonprofits, programs and institutions of higher learning” in New Orleans, as well as the Los Angeles area and Indianapolis, where Jrue and Lauren are...

Jul 20, 2020

Black Law Firms Unite After Social Media Seeks Justice for Ahmaud Arbery

Social media has been in an uproar since a video of Ahmaud Arbery’s death surfaced online and has since called for immediate justice from the state of Georgia. Arbery, a 25-year-old Black man, was shot on Feb. 23 while jogging through a neighborhood by Gregory McMichael and his son Travis, who chased him down before killing him. McMichael and his son were only arrested and charged for the murder just last week, USA Today reports . The video caused such a stir online that Roc Nation’s philanthropic arm Team Roc and civil rights lawyers S. Lee Merritt, Esq. and Benjamin L. Crump, Esq. signed an open letter calling for justice from Georgia state officials. Open letter to Georgia elected officials appearing in the Atlantic Journal-Constitution today, calling for justice to be served in the case of Ahmaud Arbery's murder. Convict his killers and show the world that hate and fear will lose. #JusticeforAhmaud #iRunWithMaud — Roc Nation (@RocNation) May 10, 2020...

May 12, 2020