Compass DEI Resources
At Compass, we are committed to building a community where we are open to ongoing learning, self-evaluation, and self-awareness. Our goal is to create a community where we recognize strengths in all people and respond respectfully to people of all cultures.
As a learning organization, we seek to understand how systems of privilege and oppression, including policies and institutional practices, affect opportunities for families in our programs. This online resource offers training and supports to better understand how race and culture impacts our work and how different people experience life through their culture.
Implicit Bias Resources
How America's Wealth Gap Destroys Mobility, Deepens the Racial Divide, and Threatens Our Future.
Understanding the Racial and Gender Wealth Gap
A publication of the Samuel DuBois Cook Center on Social Equity
By William Darity Jr., Darrick Hamilton, Mark Paul, Alan Aja, Anne Price, Antonio Moore, and Caterina Chiopris
The racial wealth gap is large and shows no signs of closing. Recent data from the Survey of Income and Program Participation (2014) shows that black households hold less than seven cents on the dollar compared to white households.1 The white household living near the poverty line typically has about $18,000 in wealth, while black households in similar economic straits typically have a median wealth near zero. This means, in turn, that many black families have a negative net worth. (Hamilton et al. 2015).
A publication by Demos.
By Amy Traub, Laura Sullivan, Tatjana Meschede, & Tom Shapiro
Issues of racial inequity are increasingly at the forefront of America’s public debate. In addition to urgent concerns about racial bias in law enforcement and the criminal justice system, activists highlight deeply connected issues of economic exclusion and inequality. No metric more powerfully captures the persistence and growth of economic inequality along racial and ethnic lines than the racial wealth gap. According to data from the Survey of Consumer Finances, the median white household possessed $13 in net wealth for every dollar held by the median black household in 2013. That same year, median white households possessed $10 for each dollar held by the median Latino/a household.
A publication of the Institute for Policy Studies
In this report, we look at the racial wealth divide at the median over the next four and eight years, as well as to 2043, when the country’s population is predicted to become majority non-white. We also look to wealth rather than income to reconsider what it means to be middle class. In finding an ever-accelerating gap, we consider what it means for the American middle class and we explore what policy interventions could reverse the trends we see today. We find that without a serious change in course, the country is heading towards a racial and economic apartheid state.
A Publication of Closing the Women's Wealth Gap By Heather McCulloch
Closing the Women’s Wealth Gap—What It Is, Why It Matters, and What Can Be Done About It aims to inform a national discussion about the women’s wealth gap, and to catalyze movement towards policy and practical solutions that build wealth for low-income women and women of color. The report begins with an overview of what wealth is and why it matters; it summarizes some key data on the causes and effects of the wealth gap; and it points to promising policy and practical solutions, proposed or underway at the national, state, and local levels. The data and findings included in this paper are not the result of new research; instead, the paper highlights ideas and insights of a committed cadre of researchers and advocates to draw attention to the issue and lift up solutions.
A Joint Publication of Duke University, The New School, and the Federal Reserve Bank of Boston By Ana Patricia Muñoz, Marlene Kim, Mariko Chang, Regine O. Jackson, Darrick Hamilton, and William A. Darity
The widening wealth gap in the United States is a worrisome sign that millions of families nationwide do not have enough in assets to offer better opportunities for future generations. Wealth allows families to make investments in homes, in education, and in business creation. Our analysis shows that with respect to types and size of assets and debt held, the data collected on white households and nonwhite households exhibit large differences. The result is that the net worth of whites as compared with nonwhites is staggeringly divergent.
Reports on Diversity, Equity and Inclusion as a Business Imperative
Report by Equity in the Center and ProInspire. The goal of this publication was to identify the personal beliefs and behaviors, cultural characteristics, operational tactics, and administrative practices that accelerate measurable progress as organizations move through distinct phases toward race equity.
Through a six-month process of deep learning convened by the Boston Fed and facilitated by external consultant Cynthia Silva Parker, senior associate at the Interaction Institute for Social Change, the working group studied the root causes of racial wealth inequalities, suggested and prioritized possible solutions, and created a shared agenda that is summarized in this document.
The Government Alliance on Race and Equity announces a new tool, Racial Equity: Getting to Results, developed to assist jurisdictions use a racial equity lens to identify a set of metrics and implement a community process to have greater impact in their work. Racial Equity: Getting to Results connects a racial equity lens to the Results-Based Accountability (RBA) methodology to help empower jurisdictions to make good decisions and advance racial equity. An anti-racist, racial equity-focused RBA starts with the desired end results and works backwards towards the “how” to ensure that Racial Equity Action Plans move toward community results with stakeholder-driven implementation.
Partner organizations for DEI resources and training
A national forum where advocates, organizers, researchers, practitioners, and funders are coming together to close the gap by building wealth for low-income women and women of color.