This Privacy Policy explains how information about you is collected, used and disclosed by Black Economic Alliance Foundation and its affiliated organizations (“BE Alliance”). This Privacy Policy applies to information we collect when you use the websites and other online services that link to this Privacy Policy (collectively, the “Sites”).
We may change this Privacy Policy from time to time. If we make changes, we will notify you by revising the date at the top of the policy and, in some cases, we may provide you with additional notice (such as adding a statement to our homepage or sending you an email notification). We encourage you to review the Privacy Policy whenever you access the Sites to stay informed about our information practices and the ways you can help protect your privacy.
We collect information you provide directly to us. For example, we collect information when you fill out a form, send us an email request information, sign a petition, sign up as a volunteer, participate in a contest or promotion, make a donation, communicate with us via third party social media sites, or otherwise communicate with us. The types of information we collect may include your name, email address, social media handles, user names, postal address, phone number, mobile number, credit card information, location, and other contact or identifying information you choose to provide.In addition, the Federal Election Commission (FEC) may require us to collect certain personal information from donors. For example, the FEC requires us to collect (and disclose) the name, mailing address, occupation, and employer of all individuals whose donations exceed $200 per calendar year.
When you access or use our Sites, we automatically collect information about you, including:
We may also obtain information from other sources and combine that with information we collect through our Sites. We may also use such information for list matching and other purposes.
We may use information about you for various purposes, including to:
BEA Foundation is based in the United States and the information we collect is governed by U.S. law. By accessing or using the Sites or otherwise providing information to us, you consent to the processing and transfer of information in and to the U.S. and other countries.
We may share information about you as follows or as otherwise described in this Privacy Policy:
We may also share aggregated or anonymized information that does not directly identify you.
If you sign an online petition, you understand that such petition is public information and that we may make the petition, and your name, city, state, and any comments provided in connection therewith publicly available. In addition, we may provide such petitions or compilations thereof, including your comments, name, city, and state to national, state or local leaders, or to the press.
The Sites may offer social sharing features and other integrated tools (such as the Facebook “Like” button), which let you share actions you take on our Sites with other media, and vice versa. The use of such features enables the sharing of information with your friends or the public, depending on the settings you establish with the entity that provides the social sharing feature. For more information about the purpose and scope of data collection and processing in connection with social sharing features, please visit the privacy policies of the entities that provide these features.
We may allow third parties to use cookies, web beacons, or other technologies or otherwise collect information about you in order to provide analytics. These entities may collect or receive information about your use of the Sites and other websites and mobile applications, including your IP address, browser, device information, pages viewed, time spent on pages, links clicked and conversion information. This information may be used by BEA Foundation and others to, among other things, analyze and track data, determine the popularity of certain content, deliver content targeted to your interests and better understand your online activity.
BEA Foundation takes reasonable measures to help protect information about you from loss, theft, misuse and unauthorized access, disclosure, alteration and destruction.
Most web browsers are set to accept cookies by default. If you prefer, you can usually choose to set your browser to remove or reject browser cookies. Please note that if you choose to remove or reject cookies, this could affect the availability and functionality of our Sites.
Promotional Communications
You may opt out of receiving updates and newsletters by following the instructions in those emails. If you opt-out, we may still send you other types of emails, such as those about your use of the Sites or any donations or transactions.
If you have any questions about this Privacy Policy, please contact us by emailing us at info@blackeconomicalliance.org.
0.5% — Mehrsa Baradaran as cited in “The black-white economic divide is as wide as it was in 1968,” The Washington Post, 2020
3.75% — Average of the current Federal Reserve estimates for Black national share of wealth - 2.9% and and 4.6%
Throughout American history, the systems and markets of our economy have been designed to hold Black people back.
The result: Vast economic disparities that limit Black families’ access to economic prosperity and wealth-building.
And these disparities hurt the entire American economy, costing us $16 trillion in untapped potential over just the past 20 years.⁴
To solve this, we must reshape our economic infrastructure — its policies, investments, and programs — to center Black work, wages, and wealth.
Source: Citibank, “Closing the Racial Inequality Gaps”, McKinsey & Company, “the Economic State of Black America,” “The Economic impact of closing the Racial Wealth Gap”, World Bank Current GDP tables
“Wealth” simply means the opportunity to buy a home and pass it on to your children, to start a business that sustains your family and improves your community, and to have authentic agency over your life. In its simplest terms, wealth is defined as owning more than you owe. We need to get to a place in this country where wealth is no longer the exception for Black people.
The wealth gap is just one symptom of an economic infrastructure designed to hold back Black Americans.⁶ To make meaningful progress, we must re-envision the systems and markets that comprise our economy, and ground our new vision in the unique lived experiences of Black people.
Centering Black prosperity would generate $1T per year.
Racial inequity operates across the interrelated systems that make up our economic infrastructure. To solve this challenge, leaders have to operate across systems too.
The Black Economic Alliance (BEA) develops action-oriented resources and solutions to help leaders come together and make a measurable impact on Black work, wages, and wealth. The goal is to help leaders in every sector invest in more meaningful, sustainable, and wide-reaching solutions for the Black community. In turn, this growth of the Black economy will propel transformational prosperity for the entire American economy.