Events, NewsAsking and Answering “Where Do We Go from Here?”What is systemic racism? How can we rise to today’s calls for equity and justice for Black lives? What role can and… July 22, 2020
News$10 Million Netflix Investment in HOPE Credit Union Sets Example for Private SectorHope Enterprise Corporation/Hope Credit Union (HOPE), a community development financial institution (CDFI) based in Jackson, Mississippi, will use a $10 million investment from Netflix to import capital… July 9, 2020
News, VoicesWells Fargo Launches $400 Million Small Business Recovery EffortIn April 2020, Wells Fargo CEO Charlie Scharf made an industry-leading commitment to donate all gross processing fees from the Paycheck Protection Program back… July 9, 2020
NewsOFN Awarded Grant from Newly Established Tipping Point Fund on Impact InvestingThe Tipping Point Fund on Impact Investing (TPF), a donor collaborative vehicle with a mission of scaling the practice of impact investing, announced its… July 8, 2020
NewsNetflix to Invest 2% of Cash Holdings in CDFIs and Other Organizations Serving Black CommunitiesNetflix Director of Talent Acquisition Aaron Mitchell and Director of Treasury Shannon Alwyn announced in a June 30 blog post that the company will… June 30, 2020
NewsGoogle Announces New $50 Million Investment in CDFIs and Black CommunityOn June 17, Alphabet and Google Sr. Vice President & CFO Ruth Porat published a blog post regarding the company’s commitment to helping small businesses… June 18, 2020
VoicesCDFIs–Bringing about a New Season in AmericaYesterday, we buried George Floyd. In the tradition of the black church, mourners found the strength to sing, to praise, and to… June 5, 2020
News, VoicesPiedmont Business Capital Helps Entrepreneurs Withstand COVID-19 Crisis with OFN FinancingBased in Greensboro, North Carolina, new OFN member Piedmont Business Capital (PBC) is on a mission to create shared economic prosperity for local minority and women entrepreneurs. With roots dating back to… March 24, 2020
NewsWells Fargo to Donate $1 Billion to Address Housing Affordability CrisisOn June 5, Wells Fargo announced an evolution of its philanthropic strategy to help address three critical issues affecting underserved communities: housing affordability, financial… June 6, 2019
