The Geraldine R. Dodge Foundation has committed to using all of its assets to close the racial wealth gap, ImpactAlpha reported on Oct. 13.
The commitment covers the full portfolio rather than a carve-out, and the foundation is described as the latest to make such a commitment.
The available account does not specify the foundation's asset size, how much is already committed, whether the money moves to new managers, or a timeline.
Reported by the Who's investing desk from ImpactAlpha. Published . Corrections