Posted on March 11, 2021

Goldman Sachs to Invest $10 Billion over 10 Years to Support Black Women

Reuters, March 10, 2021

Goldman Sachs Group Inc said on Wednesday it will invest $10 billion in an initiative to support Black women over the next 10 years, focusing on areas including healthcare, job creation and education.

The bank’s “One Million Black Women” initiative is a part of its commitment to impact the lives of at least one million Black women by 2030, the company said.


Goldman will also set aside an additional $100 million over the next decade for philanthropic ventures focused on African-American women.


Goldman created a $10 million fund last year to promote racial equity, and had then said it invested around $200 million over the decade to organizations dedicated to serving communities of color.