2020 Kansas City
Black Business Report
Presented By G.I.F.T.
The Road This Far
In this report, we'll talk about what we've learned about Black businesses in Kansas City so far, the diversity, the wealth opportunities and challenges black entrepreneurs face. Since October 1st we've had over 70 businesses apply for funding from G.I.F.T. At the time we began working on this report, we had 56 grant applications. The findings in this report come from those 56 businesses. That means that this is not an extensive report on the Black businesses of Kansas City at large, but of what we have found so far doing this work.
If 15,000 People Donated $10 A Month
Led by You and Me
Our goal is to provide grants to Black-owned businesses in Kansas City, with a specific interest in businesses that operate in low income areas.
We believe this will create more jobs and potentially convert an economically disadvantaged area into an area of economic opportunity.
We aim to assist in creating generational wealth, while also reducing instances of poverty related crime and violence in our communities.
Kansas City's Racial Wealth Gap
Kansas City is one of 21 hyper segregated cities in the country due to the practices of redlining that began in the 1920's.
According to 2017 city data, poverty rates for residents east of Troost Ave. are 36% and 75% of those residents are Black.
Poverty rates for residents west of Troost Ave. and Northern Kansas City are 5% and 91% of those residents are white.
The overall poverty rate of Kansas City is 16%.
Donate to Kansas City G.I.F.T.
Help Us Make a Difference
$10 goes a long way. Through group economics we will begin to see individuals in economically disadvantaged areas, able to afford to work for themselves, support their families, build generational wealth, enjoy lavish vacations, own homes Free & Clear, reduce poverty related crime, close the racial wealth gap and END SYSTEMIC RACISM!
Leadership
Be The Change
Partnership
Everyone Counts
Volunteering
Be a Force for Good
Planning a Fundraiser
Be Part of Something Great
Donate to Kansas City G.I.F.T.
Help Us Make a Difference
$10 goes a long way. Through group economics we will begin to see individuals in economically disadvantaged areas, able to afford to work for themselves, support their families, build generational wealth, enjoy lavish vacations, own homes Free & Clear, reduce poverty related crime, close the racial wealth gap and END SYSTEMIC RACISM!