The need for financial education is great, and many nonprofits and corporations work to increase financial literacy. BlackFem does things differently and, if I may, better!
Founder and CEO explains what is wealth literacy and why financial literacy may not be enough.
Sometimes we want to circumvent the bureaucratic process of formalizing partnerships with institutions and get down to what wakes us up every day: teaching students our wealth and financial literacy curriculum. So, when Charles Schwab recruited us to be a part of their 2017 #VolunteerWeek, we saw the perfect opportunity to do so.
In 1977 the Combahee River Collective, an organization of radical Black Feminists, released a statement detailing their mission to fight against systemic racism and sexism in American society.
New York, NY, December 6, 2016 (BlackFem, Inc.) — On December 3rd, 14 BlackFem, Inc. graduates pitched to over 60 investors and donors at the organization’s inaugural Finance Fair. Similar to a science fair, attendees circulated from station to station where a program graduate would make a pitch about a financial topic. Investors and donors listened to each pitch and dropped tokens into the participants’ baskets, which represented an investment in them. Each participant averaged 50 investments for the event, but the four girls who received the most investors now have the opportunity to become real investors as Kiva lenders.
Chloe is our 11 year old stock whiz, and she wants to tell you a thing or two about stocks!
Every solution starts with a problem. As a black woman, one of the biggest problems I see for myself, and others like me, is the lack of education and culture that promotes building wealth.
Let Airynn, one of our 10-year-old participants, take you through how BlackFem taught her about investing and why she thinks it's so cool.
Thank you for your support and contributions so far!
Join us to Invest In Change for our year-end fundraiser.