Dear Reader,The Black church saved my life. Their largesse generally falls into three categories: ‘Cornerstone’ (giving to higher education and the arts), ‘Kinship’ (donating to organizations serving the Black community) and ‘Sanctified’ (supporting Black churches). It might surprise you to know that Black Americans give a larger share of their wealth to charities than any other racial group in America. “We have to change the perspective on how we think about Black giving and giving in communities of color,” said Alandra Washington, the Kellogg Foundation’s vice president for transformation and organizational effectiveness. White families have the highest level of median family wealth, $188,200, compared with Black families’ median wealth of $24,100, according to the 2019 Federal Reserve Survey of Consumer Finances.

Source: Washington Post December 11, 2020 11:26 UTC