Kindred Futures invests in Black wealth-building solution providers.
New Identity. Extended Mission.
Activating Shared Prosperity for All Black People Throughout The South.
In partnership with mission aligned entities, we define, design, and implement inclusive and equitable community wealth-building strategies that promote freedom.
Our Impact Since 2018:
Why Black Wealth Matters
Since 2018, Kindred Futures has led with solutions, built with community, and invested with partners to elevate community wealth-building principles to build collective Black wealth. We are very clear that our commitment to building Black wealth is to advance freedom. In a country that has created an economic system that demands a racial hierarchy, Black people continue to bear the burden of systemic racism. At Kindred Futures, Black wealth means freedom.
At Kindred, we understand that wealth is not just money in your account or assets in your family’s name. We understand that wealth means having the power to determine your reality – to have freedom. The reality is we need to redefine what wealth means for Black people in this country. The Structural Determinants of Black Wealth Framework provides an interdisciplinary analysis of understanding wealth along four core domains: finance, health, environment and democracy. We understand that each of these domains interact in a dynamic way to create, protect and sustain wealth.
We also fundamentally need to interrogate our North Star. We do not want to replicate harm. We know that centuries of systemic racism, oppression and extraction created this racial wealth divide. We also know it is important to center our work on collectivism, it is important to move the mean. We need targeted and substantial investments to bolster Black wealth. While we celebrate the success stories of outliers, we also know there is a deep need to bolster community Black wealth and move beyond rugged individualism. We commit to the Talented 90th Campaign to transcend Black exceptionalism. It’s time to reimagine bold investments that allow more Black people to produce, own, and thrive in our economies and democracies.
“Nobody’s Free Until Everybody’s Free”
– Fannie Lou Hamer
Our Pillars to Shared Prosperity
So, How Do We Do It?
Lead solutions by introducing applied policy and research agendas that improve outcomes for Black people.
Build communities by accelerating coalitions of Black Wealth Solution Providers on shared results.
Invest resources by bolstering capacity of Black Wealth Solution Providers and leveraging investments for capital movers to scale solutions.
For communities in the South–from Atlanta and Savannah to Mobile and Louisiana. Our work traverses the American and global south.
“We must all learn to live together as brothers or we will all perish together as fools. We are tied together in the single garment of destiny, caught in an inescapable network of mutuality. And whatever affects one directly affects all indirectly.”
– Dr. Martin Luther King, Jr.
Our Race Explicit Work is NOT Race Exclusive
Kindred Futures is focused on building Black wealth. Our work is birthed out of justice and love. Centuries of systemic racism and economic exclusion made Black bodies collateral to create an economic system. Today, our current economic system is still based on a racial hierarchy. More than 100 years later, Black wealth rivals, Jim Crow outcomes, and Black households’ net worth is predicted to be zero or negative by 2053. This is already deeply pronounced in the American South with two million Black households with zero or negative net worth today. The reality is wealth begets wealth so that the wealth divide will widen without a targeted approach.
The Federal Reserve Bank of St. Louis recently released Wealth Inequality data, and the findings are quite clear, while Black wealth grew by 66% since 2019, the Black-white Median Wealth Divide has soared to $242,000, accounting for the largest dollar gaps since the data set began.
Kindred Futures also fully embraces that investing in building Black wealth helps facilitate economies that works for all.
Systemic racism constrains the overall performance of the economy. When Black people are locked out of actively creating and participating in the economy, it also compromises the full promise of democracy. Investing in building Black wealth, essentially, contributes to building wealth for all. Our race explicit work is not race exclusive. At Kindred, we are committed to building community and rooted in a commitment to realize abundant freedom. Join us!
Reports & Briefs
Standing on Business:
Black businesses as a key to unlock neighborhood well-being
A Baseline and Framework for Building Black Wealth in Atlanta
The Beloved Economy
The Imperative to Build Black Wealth Manifesto
Convenings & Events
From In-Person Gatherings To Online Webinars
Latest
Atlanta Wealth Building Initiative Announces New Name and Brand Identity as Kindred Futures
Past Events
Kindred Futures Launches Partnership with Step Up Savannah to Support a Business Service Cooperative
July 15, 2024
Kindred Futures and the Center for Community Progress Host Community Forum on Commercial Affordability
Kindred Futures In The News
Black Wealth Unlocked Podcast
Celebrate the power of Black wealth, sharing stories, insights, and strategies for building and unlocking economic prosperity within Black communities.