Learn about what how various insitutions, municipalities and individuals across this country are taking their first steps in "reparing what is broken" through a financial solution.
Citi and the Citi Foundation - Announced more than $1 billion in strategic initiatives to help close the racial wealth gap and increase economic mobility in the United States. Citi’s Action for Racial Equity is a comprehensive approach to 1) providing greater access to banking and credit in communities of color, 2) increasing investment in Black-owned businesses, 3) expanding homeownership among Black Americans, and 4) advancing anti-racist practices in the financial services industry.
Georgetown University - Is joining a growing movement of colleges providing restitution for their ties to slavery. The university will create a fund that will be used to help pay for Descendant community-based projects like health clinics and schools, is just one part of a larger commitment sought by the descendants of those sold in the 1838 deal that generated roughly 3.3 million in modern dollars, and helped settle the school’s debts at that time.
JPMorgan Chase - Will harness its expertise in business, policy and philanthropy and commit $30 billion over the next five years to drive an inclusive recovery, support employees and break down barriers of systemic racism.
Maryland Episcopal Diocese - The Maryland diocese of the Episcopal Church has become the latest religious institution to commit to making reparations for slavery and systemic racism, voting over the weekend to create a $1 million seed fund for programs that would benefit the African American community in Baltimore and beyond.
Nearest Green Foundation - 'The Nearest Green Foundation was launched by best-selling author FawnWeaver. “Here was this incredible story of a slave who was the first African-American master distiller on record in the United States, who taught one of the world’s most recognizable men and then following slavery became the first master distiller for what is now one of the top whiskey brands in the world,” Weaver wrote on the foundation’s website. “So little of the details had been passed down beyond the first few generations that the story of Nearest Green had turned into a bit of folklore.” ' - The Undefeated : MAYA A. JONES
The Princeton Theological Seminary - Is pledging to spend nearly $28 million on reparations due its ties to slavery. A two-year audit conducted by faculty and administrators concluded that the seminary did not own slaves and that its buildings were not constructed with slave labor. It did however find that a large portion of the seminary's endowment was connected to slave owners, founders and early leaders who used slave labor, alumni involved in the American Colonization Society and Southern banks that were financing the expansion of slavery in the Southwest.
Virginia Theological Seminary - Has formally recognized that that enslaved persons worked on the campus, and that even after slavery ended, VTS participated in segregation. It is now creating a $1.7 million dollar reparations endowment fund in an effort to start the repair the material consequences of this past sin.
William Paxton Cary Scholarship, United Negro College Fund - In 2018, descendants of William Paxton Cary created a scholarship in his name for African American students as a means of making reparations. Many generations of the Paxton and Cary families enslaved Africans.
The House Judiciary Committee Held A Hearing On HR 40
On Wednseday Feb 17th, the House Judiciary Committee held a hearing on HR 40.
To view the hearing - https://judiciary.house.gov/calendar/eventsingle.aspx?EventID=4367
Click here to see a list of the articles that discuss the hearing.
The United States of America currently has a bill that has been re-introduced to the Hourse for review and approval. This bill called the "Commission to Study and Develop Reparation Proposals for African-Americans Act" ,H.R.40, if passed would enable the estabilisment of a commission that would examine slavery and discrimination in the colonies and the United States from 1619 to the present and recommend appropriate remedies. Among other requirements, the commission would identify (1) the role of federal and state governments in supporting the institution of slavery, (2) forms of discrimination in the public and private sectors against freed slaves and their descendants, and (3) lingering negative effects of slavery on living African-Americans and society.
The State Of California - California has become the first state to pass a law establishing a task force to study and make recommendations on reparations for Black Americans. The task force will study what reparations should look like, who would be eligible to receive compensation, and recommend, among other things, the appropriate mechanism for redress as it pertains to California’s role in the enslavement of Black people.
Evanston - City Council, in November 2019, approved a plan to use the sales tax revenue collected from newly legalized recreational marijuana purchases to a fund reparations. The Council created a sub-committee to work with residents, City staff and experts to explore and identify programs and opportunities to be supported by the Reparations Fund. Click on the link below for more information:
Chicago - The city of Chicago has become the first in the nation to create a reparations fund for victims of police torture, after the City Council unanimously approved the $5.5 million package.
Chicago Mayor Rahm Emanuel says the abuse and torture of scores of mostly black, male suspects in the 1970s, '80s and early '90s by former police Cmdr. Jon Burge and his detectives is a "stain that cannot be removed from our city's history."
Maryland has introduced a bill, House Bill 1201, called the "Harriet Tubman Investment Act" to establish the Maryland Reparations Commission to develop and administer a program for the provision of compensatory benefits to the descendants of individuals enslaved in the State.
Asheville - City Council adopted a resolution (July 14, 2020) formally apologizing for enslavement and forced segregation and the destruction of successful black communities in the area; directed the City Manager to develop recommendations to create generational wealth; and, established a Community Reparations Commission to make recommendations to repair the damage caused by systemic Racism. The resolution does not make any direct payments to local black families. Click on the link below for more information:
Commission to Study Slavery in VA Now Has Appointments
"HB 1519 Slavery & Subsequent De Jure & De Facto Racial & Economic Discrimination, Com. to Study; created.
Introduced by: Delores L. McQuinn | all patrons ...
Commission to Study Slavery and Subsequent De Jure and De Facto Racial and Economic Discrimination Against African Americans; report; sunset. Creates the Commission to Study Slavery and Subsequent De Jure and De Facto Racial and Economic Discrimination Against African Americans to (i) study the current impact and long-term inequities of slavery and the subsequent state-sanctioned de jure and de facto racial and economic discrimination practiced against African Americans and (ii) make recommendations to the General Assembly on appropriate remedies. The bill requires the Commission to annually submit a report on its interim activity and work to the Governor and the General Assembly. The bill has an expiration date of July 1, 2022." - LIS
View the Bill - https://lis.virginia.gov/cgi-bin/legp604.exe?201+sum+HB1519
Read The Press Release - https://www.governor.virginia.gov/newsroom/all-releases/2021/february/headline-892718-en.html
ORD. 2020-262 Version: 1 Has Been Passed
The passing of this ordinace provides the land necessary for the Enslaved African Heritage Campus in Shockoe Bottom
The ordinance reads as follows - "To declare a public necessity for and to authorize the acquisition of the parcels of real property owned by Harry and Betty Loving, LLC and Loving's Produce, LLC and known as 200 North 17th Street, 208 North 17th Street, 212 North 17th Street, 214 North 17th Street, 220 North 17th Street, 222 North 17th Street, 103 Ambler Street, 1600 East Franklin Street, 1604 East Franklin Street, 1606 East Franklin Street, 1610 East Franklin Street, and 1601 East Grace Street for the purpose of the planned Enslaved African Heritage Campus in Shockoe Bottom in the city of Richmond."