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04/28/2026
5:30pm - 7:30pm
Santander
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The Chamber is a founding funder and partner with the Federal Reserve Bank of Boston, The Boston Foundation, Eastern Bank Foundation and Barr Foundation in relaunching multi-year 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. The launch event of the Chamber’s Racial Wealth Gap series, “Where Do We Go From Here?”, included a solutions-oriented discussion that explored how the business community can lead in urgently closing the racial wealth gap.
The collective research effort will build on the survey, data, and conclusions of the 2015 Color of Wealth in Boston Report. With this 2015 report, Boston learned that Black families’ median net worth was only $8 compared to almost $250,000 for white families. The new research, conducted over three years, will expand the survey across the Commonwealth to include gateway cities.
The event panelists provided further details about the research goals that will help move Greater Boston to an equitable future. Here are the key takeaways – directly from our panelists- from the first convening of the Racial Wealth Gap series:
As the Chamber continues the Racial Wealth Gap series, we invite Chamber members – and the wider business community- to consider how their actions will directly influence closing the racial wealth gap. Tackling the region’s challenges with feasible solutions to economic prosperity for everyone is how Greater Boston will reach new heights and serve as a template for other states striving to close the racial wealth gap.
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