October 13, 2020 | technology | No Comments
CEO of The Robin Hood Foundation, Wes Moore, speaks during The Robin Hood Foundation’s 2018 benefit at Jacob Javitz Center on May 14, 2018 in New York City.
Kevin Mazur | Getty Images
One of Wall Street’s favorite charitable organizations has raised several million dollars to support a fund that invests in nonprofit groups run by people of color.
The Robin Hood foundation’s Power Fund kicked off this summer as the coronavirus pandemic spread and amid nationwide protests sparked by the police killing of George Floyd on Memorial Day.
Robin Hood funds over 200 poverty-fighting programs in New York City. It is led by Wes Moore, an author and former investment banker at Citigroup.
“I think part of the thing we’ve seen is that everything we’ve witnessed post George Floyd, these aren’t new things because of George Floyd,” Moore told CNBC. “I think that the conversations we’ve been able to