Dick’s Sporting Goods is investing $12.5 million in the Black Economic Development Fund, an initiative to fuel minority lenders, anchor institutions and businesses as part of an effort to close the racial wealth gap. The fund is managed by the Local Initiatives Support Corporation (LISC), a black-led financial institution that invests in communities both through real estate and in other black owned businesses. LISC has also invested more than $22 billion in promoting economic opportunity in urban and rural communities. Read full article Here
Learn more about the Black Economic Development Fund Here