HomePrudential Foundation: Using Philanthropy To Drive Racial Equity and Financial Inclusion
How can corporate philanthropy advance racial equity in meaningful ways? Discover how Prudential Foundation is using its latest round of grants to improve financial health and inclusion.
*This article was sponsored by Prudential Foundation. All views and endorsements expressed in this article are solely those of the author and do not necessarily reflect the views or endorsements of the Financial Health Network.
The Prudential Foundation has given more than $1 billion in grants to nonprofits – 21% of which are focused on expanding access to affordable banking and other financial inclusion initiatives. Of the $1B, over $450M have supported racial equity and justice issues for communities of color. Prudential is further accelerating Black economic empowerment by investing in historically Black colleges and universities, cultural institutions, and small businesses. It is also partnering with organizations to advance voting rights, criminal justice reform, and police reform. Discover what’s next for the Prudential Foundation, with lessons for organizations seeking to use philanthropy to tackle pressing societal challenges.