Why ONE Matters
The Black community continues to lead the nation in economic and health disparities. Far too many are losing employment due to lack of child care and have some of the highest rates of housing and food insecurities. In the past 10 years Black women have made some incredible strides.
▪ Black women make up roughly 13 percent of the female population in the United States.
▪ Black women are the most educated block in the nation, outpacing white, Hispanic, and Asian women.
▪ From 2007 to 2018, black women entrepreneurship grew by 164%.
▪ Black women are one of the most active voting blocs in the nations and overwhelming support Democratic candidates.
However, despite positive statistics that should equate to economic, social, and political gains, the following statics are still prevalent:
▪ Black women are more likely to work in low paying occupations, with only 9% earning over $75,000 a year [1]
▪ Black women only earn $.62 for every dollar white men earn
▪ Black women make up 18% of the countries low wage earners[2]
▪ Black women businesses average $27,752 in revenue per year, while white women-owned businesses make an average of $170,587 per year.
The numbers are clear, while black women have made some remarkable strides towards economic and educational attainment, there is still ONE missing piece to help them gain equity and the One Million Black Women Fund Strives to be that piece.
OMBWF focuses on developing successful businesses, sustainable cities, providing adequate childcare facilities, and affordable housing and healthcare for Black women throughout the United States.
The Black community continues to lead the nation in economic and health disparities. Far too many are losing employment due to lack of child care and have some of the highest rates of housing and food insecurities. In the past 10 years Black women have made some incredible strides.
▪ Black women make up roughly 13 percent of the female population in the United States.
▪ Black women are the most educated block in the nation, outpacing white, Hispanic, and Asian women.
▪ From 2007 to 2018, black women entrepreneurship grew by 164%.
▪ Black women are one of the most active voting blocs in the nations and overwhelming support Democratic candidates.
However, despite positive statistics that should equate to economic, social, and political gains, the following statics are still prevalent:
▪ Black women are more likely to work in low paying occupations, with only 9% earning over $75,000 a year [1]
▪ Black women only earn $.62 for every dollar white men earn
▪ Black women make up 18% of the countries low wage earners[2]
▪ Black women businesses average $27,752 in revenue per year, while white women-owned businesses make an average of $170,587 per year.
The numbers are clear, while black women have made some remarkable strides towards economic and educational attainment, there is still ONE missing piece to help them gain equity and the One Million Black Women Fund Strives to be that piece.
OMBWF focuses on developing successful businesses, sustainable cities, providing adequate childcare facilities, and affordable housing and healthcare for Black women throughout the United States.