Stephen Curry and Ayesha Curry. Photo by Steve Jennings/Getty Images
Stephen and Ayesha Curry are joining the advisory council for Goldman Sachs' One Million Black Women initiative, Axios is first to report.
Why it matters: The initiative has committed to invest more than $10 billion in Black women over the next 10 years. It comes as banks and large companies are increasingly putting money behind rhetoric about advancing racial equity.
What’s new: Goldman hosted 17 listening sessions and heard from more than 10,000 Black women, in order to guide investment decisions.
- CEO David Solomon will hold an advisory council meeting Monday to launch the first round of investments.
What they’re saying: "The One Million Black Women initiative has, from the start, worked to listen to the ideas, concerns, and aspirations of Black women,” says council member Valerie Montgomery Rice, who also serves as president and dean of Morehouse School of Medicine.
- “The $10 billion investment will allow for more Black women to realize their full potential and become the economic drivers we know they are.”
Dina Powell McCormick, Goldman Sachs global head of sustainability and inclusive growth, said: "We have been proud to partner with outstanding Black women-led organizations ... to identify market-based solutions to the challenges facing Black women."
- Go deeper on the fight to equalize "Black Womenomics."