A Message to our Community: Our Commitment Continues
A message to our community:
The Board of Directors of the Sachs Foundation reaffirms our mission of uplifting Black communities through educational and community programs. More importantly, the foundation stands alongside our students, scholars, educators and families in the face of questions raised by new federal policies. Questions that have led our constituents and our partners to ask: “What is the Sachs Foundation going to do?”
The Sachs Foundation was created nearly 100 years ago, not to navigate the political reality of any administration or any particular time, but to address historic inequity and injustice that has persisted throughout time.
In America today:
- The median white household holds $240k more than the median Black household.
- Black undergraduate students carry, on average, $25k more student loan debt than white classmates.
- 71.7% of white American families own their homes while only 41.7% of Black Americans do.
- School segregation has increased by 64% since 1988.
Until these wealth and opportunity gaps are erased, there is work to do.
So, in response to the question: “What is the Sachs Foundation going to do?” – We will continue.
We will continue to support the excellence of our Elevated students and families, we will continue to invest in our undergraduate and graduate scholars, and we will continue to recruit and build social capital for our educators. We will continue this work without deviation or temper and will stand in solidarity with those who do the same.