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Posts tagged as “Delta Sigma Theta Sorority”

Goldman Sachs Commits More Than $10 Billion in Investment and Philanthropic Capital to One Million Black Women Initiative

Goldman Sachs Commits More Than $10 Billion in Investment and Philanthropic Capital to One Million Black Women Initiative

By goodblacknews on March 11, 2021

The Goldman Sachs Group, Inc. announced a new investment initiative yesterday of more than $10 billion to advance racial equity and economic opportunity by investing in Black women.

The initiative, One Million Black Women, is named for and guided by the goal of impacting the lives of at least 1 million Black women by 2030.

It is being shaped by Black women within Goldman Sachs, alumna of the 10,000 Small Businesses program and partnerships with Black women-led organizations such as  Alpha Kappa Alpha Sorority, Inc., Delta Sigma Theta Sorority, Inc., Zeta Phi Beta Sorority, Inc., Sigma Gamma Rho Sorority, Inc., National Council of Negro Women, Power Rising, Black Women’s Roundtable and the National Coalition on Black Civic Participation, Walker’s Legacy Foundation, Sistahs in Business Expo, and The Links, Inc.

“This initiative is transformational,” said Melanie Campbell, Convener of the Black Women’s Roundtable and President and CEO of the National Coalition on Black Civic Participation, a partner with Goldman Sachs on the program. “What Goldman Sachs is doing has the potential to materially impact the lives of Black women, their families and communities across the country.”

The investment will be grounded in the voices and experiences of Black women. Goldman Sachs and its partners will commit $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.

Black women leaders across Goldman Sachs developed and will continue to lead this initiative alongside an Advisory Council of Black leaders, including:

“Our newly published research, Black Womenomics, suggests that no investment could have a bigger impact than unlocking the economic potential of Black women,” said David M. Solomon, chairman and CEO of Goldman Sachs.

Delta Sigma Theta Helps Create Anna Pearl Barrett Memorial Scholarship at Texas Southern University for Students to Study Abroad

By goodblacknews on February 20, 2020
Source: Nell Reed / Delta Sigma Theta

Anna Pearl Barrett, an alumna of Texas Southern University, along with the Houston Alumnae Chapter of Delta Sigma Theta are creating new opportunities for students to study abroad in the future.

According to blackamericaweb.com, the sorority presented TSU with $150,500 from Barrett’s bequest to DST, which Texas Southern University’s Foundation matched to create one of the HBCU’s largest endowments: the Anna Pearl Barrett Houston Alumnae Chapter, Delta Sigma Theta Sorority, Inc., Memorial Endowed Scholarship.

To quote Black America Web:

The $301,000 investment will financially assist students who desire to study in other countries and happens to fulfill one of the goals of International Awareness and Involvement, part of DST’s Five-Point Programmatic Thrust.

Barrett, a career educator who passed in 2014, was the first TSU exchange student to study in Spain. The school’s study abroad program began its initial journey to Tanzania in 2001 and today, more than 100 students travel abroad every year, per Gregory Maddox, Ph.D., Dean of the Graduate School and Director of International Programs.

The scholarship helps raise the profile of studying abroad. According to the Institute of International Education, undergrad students from Historically Black Colleges and Universities participate in study abroad programs at lower rates than their counterparts across the U.S.

The Anna Pearl Barrett Memorial Endowed Scholarship was celebrated with a reception hosted earlier this month at TSU and attended by more than 200 Deltas as well as Barrett’s relatives, Mayor Sylvester Turner, TSU Acting President Ken Huewitt, TSU Vice President of University Advancement Melinda Spaulding, and a representative from the Office of Congresswoman Sheila Jackson Lee.

To read more: https://blackamericaweb.com/2020/02/20/delta-sigma-theta-gift-creates-301000-endowed-scholarship-at-texas-southern-university-2/