April 29, 2021

Minn. Foundation Awards $100 Million to Help Blacks and Native Americans Build Wealth

Author: By Jim Rendon

The Bush Foundation in St. Paul is putting $100 million toward increasing the wealth of Black and Native American people who lag far behind white people when it comes to individual financial worth — one of the largest such efforts in the United States. The remarkable move is not a traditional grant program. The foundation wants to find two groups to distribute the money to bolster wealth among Blacks and Native Americans in Minnesota, North and South Dakota, and the 23 tribal areas in those stat