Cohort Sistas Receives Goldman Sachs Black Women Impact Grant
We are thrilled to be one of 50 Black-women-led and serving nonprofits to receive a Black Women Impact Grant from Goldman Sachs One Million Black Women!
Launched in partnership with Black women-led organizations, the One Million Black Women initiative is the largest commitment of its kind in size and scope to drive investment in housing; healthcare; access to capital; education; job creation and workforce advancement; digital connectivity; and financial health to narrow the dual gender and race gap faced by Black women.
With this grant, we will have access to unrestricted, multi-year funding to scale our mission: to increase the number of Black women who complete doctoral degrees, reduce the undue financial and emotional burden of doctoral education on Black women, and drive institutional change that reduces systemic racism in doctoral programs.
We are excited to be part of this philanthropic investment alongside other nonprofits that are equally committed to addressing pivotal moments in Black women’s lives.
About One Million Black Women
In partnership with Black-women-led organizations, financial institutions and other partners, Goldman Sachs has committed $10 billion in direct investment capital and $100 million in philanthropic capital over the next decade to address the dual disproportionate gender and racial biases that Black women have faced for generations, which have only been exacerbated by the pandemic. The initiative, One Million Black Women, is named for and guided by the goal of impacting the lives of at least one million Black women by 2030. Goldman Sachs research has shown that sustained investments in Black women across the core pillars of housing, healthcare, access to capital, education, job creation and workforce advancement, digital connectivity and financial health will catalyze economic growth, making for not only a fairer, but also a richer society.