The actions, including a $60 million joint investment with LISC and $40M in grant funds, will support over 2,000 Black-owned businesses or businesses owned by other underrepresented individuals. Kaiser’s action also addresses deeply entrenched structural racism, as well as the trauma and economic inequity it creates.
June 27, 2020 (Oakland, CA)-- Kaiser Permanente, the nation’s largest integrated health system, announced a series of actions – including $60 million in joint investments and $40 million in grant funding – to address systemic racism and lack of economic opportunities that have persisted for far too long and prevented communities of color, and especially Black communities, from achieving total health. This announcement comes as Kaiser Permanente deepens its 75-year commitment to equity and inclusion and sends a clear message that the organization stands with those who are fighting for equity and social justice. View Kaiser’s Economic Opportunity Fact Sheet.
“The tragic murder of George Floyd and so many others has reverberated around the world, pushing us to demand overdue change to a status quo that keeps communities of color in the margins and holds us all back as a society,” said Greg A. Adams, chairman and CEO of Kaiser Permanente. “As a country, this is a moment to define who we are and what we stand for. We must take strong action to stop the physical, psychological, economic and social impacts of inequity and systemic racism so that we can create healthier communities where everybody, regardless of their skin color, can feel safe and thrive.”