NewsEconomic Mobility Drives ImpactTulsa's $3.6M Investment

Economic Mobility Drives ImpactTulsa’s $3.6M Investment

The $3.6 million investment from StriveTogether will helps push Tulsa’s youth toward economic mobility.

Tulsa’s rich Black history carries significant weight in the community, but one organization is committed to moving the needle forward to empower the city’s youth.

With economic mobility within the United States declining, Opportunity Insights research anticipates that only half of today’s children will surpass their parents’ income levels. As a result, ImpactTulsa has connected itself to various partners to focus on kindergarten readiness, early grade reading, middle school math, high school graduation, postsecondary enrollment,  postsecondary completion, and employment—all key factors that lead to economic mobility.

Once a bustling community of Black professionals and entrepreneurs, Tulsa earned the nickname “Black Wall Street” due to its Greenwood District neighborhood where Black residents built a self-sufficient community filled with thriving Black businesses, including grocery stores, hotels, and pharmacies.

That same year, however, the Tulsa Race Massacre changed the trajectory of the city’s history forever. Still known as one of the nation’s worst race massacres, the event completely upended the lives and livelihoods of Black Tulsans, wiping out thousands of homes and causing roughly $1.5 million worth of damages. 

RELATED CONTENT: Tulsa Proposes Reparations Program For 1921 Massacre Survivors And Descendants

Source: Black Enterprise

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