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EBA Gives Back

EBA Gives Back 2020 Mission

EBA Gives Back is an established component of EBA Conferences; but this year our members will see a shift in the mission and duration of this program. Our biggest change this year is launching a continued effort to support social justice by pledging, at a minimum, two actions:
 

  1. To engage in discussions to better understand how to elevate and empower those of us who are often unheard or underrepresented; and

  2. To foster a more equitable, inclusive, and diverse EBA.
     

Our 2020 Virtual Conference's Gives Back is our first tangible action to these goals.
 
We chose to look for organizations that invest in minority communities through economic development initiatives and support, because we feel this is in line with the activation of our social justice effort and with the expertise of our banker and affiliate members.
 
Working on only one neighborhood in one city will not create lasting national change; however, local organizations often best understand the needs of their communities, and that is how real change starts. If we all work in our communities, in our neighborhoods, in our respective cities - those collective efforts begin to look pretty national. We urge you to join us in our EBA Gives Back mission within your own communities.
 

West Broadway Business and Area Coalition (WBC) and
Northside Funders Group in Minneapolis

These two organizations have a long history economic development work for POC and BIPOC communities. The Northside Funders Group has a history of investing in the North Minneapolis (Northside) community.  For context, North Minneapolis is a historically diverse neighborhood, with POC communities making up roughly two-thirds of the population. Since 2008, Northside Funders have worked towards their goals of building knowledge, social capital, and a thriving economy. Their work is meant to build equity, assets, and opportunity for everyone in North Minneapolis by putting money back into the community and reducing and/or removing barriers to entry. Their work did not stem from recent events, and we felt that this history made them a very applicable organization to support.
 
WBC works to create a thriving and vibrant business network along the main road through the Northside, referred to as the West Broadway Corridor. They support this effort by connecting technical providers, offering financial resources by partnering with the City, advocating for businesses along the West Broadway Corridor, and leading community activities that meets the goods, service, and entertainment needs of the neighborhood.
 
The Northside Funders Group and the West Broadway Business and Area Coalition joined together to help rebuild the North Minneapolis community, which has been suffering from historical discrimination practices including redlining, displacement, and gentrification; and conditions brought on by COVID-19 including a higher likelihood to be exposed to the virus, higher mortality rates if infected, and economic suffering from job and wage loss.
 
While there has not been as much national coverage, the neighborhood was a target for destruction during the recent uprising following the murder of George Floyd. There has been a huge increase in immediate needs as the limited places to obtain resources have either closed or been destroyed. At the moment many families and businesses are in need of support including food, goods, services, and financial aid.

As our first initiative for EBA Gives Back in 2020, we will be collecting and donating funds in support of these worthy organizations. We felt that in the effort to assist in rebuilding the city of Minneapolis, these organizations would be well-suited to allocate our donated funds.

 

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