RECAP: Black Philanthropy: Past, Present and Future Opportunities
A presentation hosted by The Community Foundation in partnership with The Prosperity Foundation, Connecticut Community Foundation and Waterbury Black Giving Circle.
On Aug. 25, Asalyn Coachman, of Financial Architects, Inc. put best practices for building Black intergenerational wealth within the historical context of Black wealth building and Black Philanthropy in the United States.
Coachman's presentation was hosted by The Community Foundation for Greater New Haven in recognition of the 10th anniversary of Black Philanthropy Month, a global celebration observed annually every August.
Presented in partnership with:
The Prosperity Foundation
Connecticut Community Foundation
Waterbury Black Giving Circle
What We Heard
- More money means more choices in living the life you want.
- Black philanthropy has a long and rich history.
- Black families donate the highest percentage of their wealth among all Americans.
- Black philanthropy has reached new heights through the charitable impact of an unprecedented number of Black billionaires.
- A wealth-building plan impacts the financial outlook of your future grandchildren.
- Giving can and should be balanced with wealth building.
- Professional guidance is invaluable for turning income into wealth.
Resources for You
- TCF Recognizes Black History Month YouTube channel.
- The Community Foundation Celebrating Black History Month resource page.
- Mighty Deposits Banking Black 2021 Edition: List of Black-owned banks, credit unions, and other ways to support Black communities through banking
- National Society for Black Certified Public Accountants offers a database of Black CPAs.
- The Prosperity Foundation is a community foundation that is committed to advancing Black communities through Black philanthropy.
- The Waterbury Black Giving Circle (WBGC) is a network of individuals who come together and pool their collective charitable dollars to have a greater impact and make a difference in the Black community.
Estate Planning at The Community Foundation
The Community Foundation regularly hosts estate planning programs. These virtual information sessions feature legal and financial professionals covering the fundamentals of creating a plan for individuals, their families and the community. If you are interested in attending or hosting a program, please let us know.
About the Speaker
Asalyn Coachman is a Financial Advisor coaching clients to wealth one decision and one dollar at a time. A Harvard University graduate and New York State licensed attorney, Coachman has been working with clients at Financial Architects, Inc. for over a decade. Advising couples and business owners, she has extensive experience working with single professional women and was named a top female professional by Ohio National Life Insurance Company.
About the Moderator
Leon Bailey, Sr. Vice President for Human Resources and Organizational Culture, The Community Foundation for Greater New Haven
Leon Bailey has numerous accomplishments in both the public and private sectors. He holds a Bachelor of Science from Rutgers University in Psychology, a Masters in Public Administration from New York University, a Masters of Divinity, and a Doctorate of Ministry from New York Theological Seminary.
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