The Racial Wealth Gap: Growing Generational Wealth

June 23, 2022 3:00 pm – 4:00 pm Virtual

Event Details

Thank you for joining us for the second event of the Chamber’s new series, The Racial Wealth Gap.

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Free & Open to the Public
(Advanced registration is required.)

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Overview
Speakers
Sponsors

Leading the Change: Growing Generational Wealth

In partnership with The Boston Foundation, the Federal Reserve Bank of Boston, The Barr Foundation, and Eastern Bank Foundation, the Chamber is a founding funder and partner in relaunching this critical research to discover economic, policy, and community solutions that will successfully address the barriers that hinder the creation of generational wealth for communities of color.

This event included a discussion that explored how the business community can lead in urgently closing the racial wealth gap and how individuals within communities of color can grow generational wealth.

ABOUT RACIAL WEALTHGAP

The Racial Wealth Gap series features national and local economic experts and community leaders to revisit The Color of Wealth, a 2015 research report that outlined the extensive racial wealth gap that impacts communities.

The Greater Boston Chamber of Commerce encourages persons with disabilities to participate, and engage fully, in its programs and events. If you anticipate needing any type of accommodation, including but not limited to, listening devices, closed captioning, large print, wheelchair access, allergies and environmental sensitivities, or if you have any questions about the venue, event format, or virtual platform, please contact us at [email protected]. If you anticipate needing any type of accommodation, including but not limited to, listening devices, closed captioning, large print, wheelchair access, allergies and environmental sensitivities, or if you have any questions about the venue, event format, or virtual platform, please Contact us.

Questions?

Jessica Sanon

Senior Program Manager

Greater Boston Chamber of Commerce

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Speakers

Dr. Karilyn Crockett

Professor of Urban History, Public Policy & Planning, Massachusetts Institute of Technology

Dr. Karilyn Crockett’s research focuses on large-scale land use changes in twentieth century American cities and examines the social and geographic implications…Read more

Dr. Karilyn Crockett’s research focuses on large-scale land use changes in twentieth century American cities and examines the social and geographic implications of structural poverty and race. Karilyn’s book “People before Highways: Boston Activists, Urban Planners, and a New Movement for City Making” (UMASS Press 2018) investigates a 1960s era grassroots movement to halt urban extension of the U.S. interstate highway system and the geographic and political changes in Boston that resulted. In 2019 this book was named one of the “ten best books of the decade” by the Boston Public Library Association of Librarians. Previously Karilyn co-founded Multicultural Youth Tour of What’s Now (MYTOWN), an award winning, Boston-based, educational non-profit organization. MYTOWN hired public high school students to research their local and family histories to produce youth-led walking tours for sale to public audiences. During its nearly 15 years of operation, MYTOWN created jobs for more than 300 low and moderate-income teenagers, who in turn led public walking tours for more than 14,000 visitors and residents. In a White House ceremony, the National Endowment for the Humanities cited MYTOWN as “One of ten best Youth Humanities Programs in America.”

Karilyn holds a PhD from the American Studies program at Yale University, a Master of Science in Geography from the London School of Economics, and a Master of Arts and Religion from Yale Divinity School. Karilyn served for four years with the Mayor’s Office of Economic Development as the Director of Economic Policy & Research and the Director of Small Business Development for the City of Boston. She recently completed her service as the City of Boston’s first Chief of Equity, a Cabinet-level position Mayor Walsh established to embed equity and racial justice into all City planning, operations, and work moving forward. She holds a faculty appointment as professor of urban history, public policy and planning in MIT’s Department of Urban Studies & Planning. Karilyn’s career mission is to continue to work at the nexus of education, economic development policy and urban revitalization.

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Glynn Lloyd

Executive Director, The Foundation for Business Equity

Glynn Lloyd has been a pioneer in the field of transformative urban economic development for over 25 years. He is the President and Founder of City Fresh Foods…Read more

Glynn Lloyd has been a pioneer in the field of transformative urban economic development for over 25 years. He is the President and Founder of City Fresh Foods and is currently the Executive Director of the Foundation for Business Equity. The Foundation’s first Initiative: The Business Equity Initiative has designed and is executing a unique approach to truly scaling up our local Black and Latino Enterprises in Eastern Massachusetts.

In 1990, after graduating from Boston University, he became one of the inaugural members of Teach for America, teaching 5th grade in Louisiana. Upon returning to Boston, he decided to pursue an innovative approach to community economic development by creating community owned and operated enterprises. Glynn founded City Fresh Foods Inc., a nationally-renowned food service business, and over 20 years grew it on average 15% annually to $9M in revenue.

City Fresh Foods pioneers ethnic meals to homebound elders and healthier meals to school age children, and was one of the first companies to receive Social Venture Capital, eventually returning a healthy multiple to its investors. Under Glynn’s leadership, City Fresh raised hundreds of thousands of investment capital, twice expanded its production capability to larger facilities, practiced open book management, and introduced fresh local ingredients from area farms into its supply chain.

Glynn played a pioneering role in the local foods systems movement by catalyzing Article 89, a recently passed Boston zoning law amendment that allows urban farmers to grow for the market as a right. To help institutionalize these practices, Glynn founded the Urban Farming institute, a community-led nonprofit supporting the development of the new urban farming industry in Massachusetts.

Glynn has extensive experience assisting some of region’s prominent nonprofits, including the transition of Commonwealth Kitchen to new leadership. As previous board chair of Sportsmen’s Tennis Club, Glynn assisted in the transition of leadership at both the board and management level, at a critical time of this African-American led community institution’s life cycle. He was also selected and appointed by Governor Deval Patrick to serve as a Trustee for Roxbury Community College, as part of the college’s pivot into its best possible future. Most recently, he helped found the Black Economic Council of Massachusetts, a coalition of Black business, community, religious and labor leaders working together to improve economic indicators in the Black community.

Glynn resides in Roxbury with his wife Sara and daughters, Grace and Ayana.

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Rahn Dorsey

Foundation Fellow, Eastern Bank Foundation

Turahn Dorsey is a researcher, policymaker and strategist whose career has centered around systems change and civic innovation. He is a Foundation Fellow with the…Read more

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Nia Evans

Executive Director Boston Ujima Project

Nia Evans is the Executive Director of the Boston Ujima Project. Her educational background is in the areas of labor relations, education leadership, and policy….Read more

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Get Involved

Become a Member

About Us

Get to Know the Chamber

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Grow Your Business

Membership Directory

Not Sure if You’re a Member?

Events & Networking

WHAT’S NEXT

Upcoming Events

Engage & Learn

FEATURED EVENT

Series

2025 Government Affairs Forum | Congressman Richard Neal

EXPLORE OUR PROGRAMMING:

Member Engagement

Inside the Program: Info Session & Cocktail Reception

Membership Directory

Not Sure if You’re a Member?

Upcoming Events

Stay Involved

Talent & Workforce

City Awake

Boston’s Future Leaders

Massachusetts Apprentice Network

Strategic Communication for Better Collaboration

Partnership with Boston Public Schools

Policy & Impact

GET INVOLVED IN OUR POLICY FOCUS AREAS

Business Climate

Climate & Energy

Health Care

Housing & Development

Talent

Transportation

Foundation

Our Mission

Expanding Opportunity