Ownership as a pathway towards addressing the racial wealth gap: A foundational role for impact investors and asset holders.

July 14, 2022
The racial wealth gap is widening in the United States, and this is a wake-up call for the impact investing sector. Asset holders — foundations, family offices, and institutions need to step in and help pioneer solutions that can address the wealth gap. One could argue that the wealth gap in the United States is really a ownership gap, whereby communities of color lack opportunities and resources to own financial and non-financial assets that can grow in value.
The interactive conversation with a group of diverse presenters will illustrate this challenge, and also highlight emerging solutions in areas like employee ownership and home ownership. The presenters will consist of both investors providing capital to fuel these ideas and emerging managers at the forefront of taking on this challenge.



Meta Themes

  • Justice

  • Power and Capital

  • Reimagine Systems


Moments to Movements

Purpose and Desired Outcome

To share a framework for thinking about wealth building – across a number of altitudes – as a powerful tool for shrinking the wealth gap generally, and for communities of color specifically.


  • Allocators (Family Offices, HNW Individuals, Foundations)

  • Asset Managers

  • Intermediaries (Financial Advisers, Investment Bankers)


  • NameAkobe Sandy
  • TitleImpact Investment Officer
  • OrganizationRobert Wood Johnson Foundation
  • StatusInvited
  • NameSmitha Das
  • TitlePrincipal, Impact Investing
  • OrganizationWES
  • StatusInvited
  • NamePhilip Reeves
  • TitleFounding Partner
  • OrganizationApis & Heritage
  • StatusInvited
  • NameAisha Weeks
  • TitleManaging Director, Dearfield Fund for Black Wealth
  • OrganizationThe Dearfield Fund for Black Wealth
  • StatusConfirmed
  • NameSanthosh Ramdoss (Moderator)
  • TitleChief Impact Officer
  • OrganizationGary Community Ventures
  • StatusConfirmed
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