The Community Foundation for Greater Atlanta has announced a partnership to support the launch and growth of the National Black Bank Foundation (NBBF), whose Co-Founder and General Counsel is Ashley D. Bell (pictured). The Community Foundation is serving as fiscal sponsor of NBBF as it awaits its final IRS determination letter which will allow it to act...
Category: Finance
Jasmine Young: Sharing the “silver spoon” of hard work, education, and accountability
We’re excited about our conversation with Jasmine Young. Jasmine is a CPA, Founder of Southern Tax Prep & Services and visionary behind the Black Wall Street Expo. Check out our conversation with Jasmine below. Please share your story with us. How did you get to where you are today? In high school, I was one...
Wall Street’s Oldest Black-Owned Investment Firm Makes History
Meet Eric Standifer, CEO and President of Blaylock Van LLC, Wall Street’s oldest continually operating Black-owned investment banking firm. Recently, the company served as one of four exclusively Black-owned broker-dealers to syndicate Citi’s $2.5 billion bond issuance. Blaylock Van also completed a $14 billion new issue debt transaction with Apple as one of five minority-owned underwriting...
Black-Owned Bank to Raise $10 Billion for Tech in Underserved Communities
Executives at Ingenious Financial have announced plans to raise $10 billion in capital to invest in unbanked and underserved communities. Darnell Parker, founder of Ingenious Financial, and Derek Taylor, Chief Operating Officer, say the $10 billion will fund the capital disbursement towards the following four initiatives: • $4 billion for the financial institution and holding company• $5...
Feds approve disaster loans for small businesses – up to $2M available
Small businesses across the economic landscape – including startups and emerging companies- of North America are now eligible for loans up to $2 million from the US Small Business Administration. However, companies have to be approved by the SBA and interest rates will be up to 4 percent. WHAT’S AVAILABLE “The SBA can provide up...
The government wants to start sending millions of Americans a check. Here’s how to use it wisely
Some good news – in the form of money – may be coming to Americans soon. On Tuesday, Treasury Secretary Steve Mnuchin said that the Trump administration plans to move “immediately” to send money to Americans as the coronavirus cripples the economy. “Americans need cash now,” Mnuchin said, indicating checks could come in the next...
4 Things You Absolutely Must Do in Your Salary Negotiation
Keep these tips on hand the next time you’re interviewing for a new job or angling for a raise. by Pavithra Mohan Countless job seekers and employees still struggle with negotiating salaries and advocating for themselves. But let’s say you’ve worked yourself up to asking for a higher salary. You could still be missing out...
inCity Money: How To Start In Real Estate Investing and WIN!
It’s never been easier to become a real estate investor. However, there are some major things to keep in mind when getting into the industry. Rhonelle Shallow, Real Estate Investor and Founder of RKS Renovations shares with inCity Magazine how NEW investors can avoid the pitfalls of real estate investing.
Mary Ann Givens of Hope CU Gives Members Bright “Hope” for Tax Returns
Knowledge and HOPE is what Mary Ann Givens and her staff provide their members at Hope Credit Union. “Many of our members are getting their refunds as a result of filing their taxes, and we are encouraging them to do more with it for their futures”, says Mary Ann Givens, Branch Manager of Hope Credit...
Too Many Americans Will Never Be Able to Retire
Without more babies and immigrants, the country won’t be able to support its aging population. by Noah Smith Traditionally, Americans could look forward to a comfortable retirement. After four decades in an office or a factory, sometime in their 60s they would lay down their burdens and enjoy a final couple of decades with time...