PIVOT Awarded Grant from Goldman Sachs One Million Black Women.

PIVOT is proud to announce that it has received a Black Women Impact Grant from Goldman Sachs One Million Black Women. Launched in partnership with Black women-led organizations, One Million Black Women is the largest investment commitment of its kind in size and scope.

In partnership with Black-women-led organizations, financial institutions and other partners, Goldman Sachs has committed $10 billion in direct investment capital and $100 million in philanthropic capital over the next decade to address the dual disproportionate gender and racial biases that Black women have faced for generations, which have only been exacerbated by the pandemic. The initiative, One Million Black Women, is named for and guided by the goal of impacting the lives of at least one million Black women by 2030. Goldman Sachs research has shown that sustained investments in Black women across the core pillars of housing, healthcare, access to capital, education, job creation and workforce advancement, digital connectivity and financial health will catalyze economic growth, making for not only a fairer but also a richer society.

With this philanthropic investment, we will have access to unrestricted, multi-year funding to scale as we place formerly incarcerated women in an ecosystem of opportunity for housing, transportation, mental health care, addiction treatment, job training and placement, and community connections. This partnership will allow us to directly serve 320 women over the next two years in their reentry into society.

We look forward to our partnership with Goldman Sachs to advance our shared mission to improve the lives of Black women everywhere.