Can’t get tickets yet to the Smithsonian National Museum of African American History and Culture? Be patient, get on the waiting list, and meanwhile,Â download the museum’s newÂ app. The NMAAHC Mobile Stories app, developed by the Smithsonian Institution, offers a “story-drivenâ€ mobile experience designed to enhance a museum visit or to enjoy off-site. The museum exhibits feature interactive stories that integrate with the app.Â The stories are grouped into categories including “Exhibition,â€ “Multimedia,â€ and “Families with Childrenâ€ stories. Tapping on any story takes you to the museum’s exhibit focusing on that story and the app also lists the exhibit’s location in the museum. The app displays artifacts within the exhibit while the story is displayed as both text and as a sound clip. You can share via social media any of the information in the app. The … [Read more...] about Download National Museum of African American History and Culture App
Fredrick Scott. Courtesy of www.fredrickdscott.com Fredrick D. Scott on Monday announced that he was creating Fredrick D. Scott, LLC, a venture capital and private equity firm that will invest in and acquire” minority-focused financial and banking institutions.” Scott was the head of ACI Capital Group, LLC (ACI), a investment banking and advisory firm that reportedly managed with $3.7 billion in assets. He was named Ebony magazine’s “Top 30 Under 30” in 2010. At 26, Scott was the youngest African American hedge fund founder in history, according to his website. “My goal is to redefine and advocate for economic sustainability and wealth creation in our community,” said Scott.Â “The minority banking industry, more specifically the African American owned banking segment, is fragmented and under tremendous pressure from larger and more robustly capitalized mainstream competitors who have embraced the growing diversity of the … [Read more...] about Fredrick D. Scott Starts Investment Firm For African American Institutions
NEWNAN, Ga. — A Georgia restaurant owner says he is investigating after an employee called 911 on an African-American family who had stopped for dinner during a vacation. WSB-TV reports that Felicia and Othniel Dobson of North Carolina on Monday had stopped for dinner at a Subway in Newnan with their four children, ages 8 to 19, when a restaurant employee called police. In the 911 call, the employee said there are "eight people in a van" who were going back forth to the bathroom and possibly putting soda in water cups. The couple said the responding police officer and store owner apologized. Felicia Dobson said the family did nothing wrong and "can't change our skin color." In a statement, Subway franchisee Rosh Patel said he has reiterated "the importance of making everyone feel welcome." … [Read more...] about Restaurant employee calls 911 on African-American family
There’s a close-knit relationship between the black community and life insurance companies, with at least 60% of middle market African Americans (those 25 to 64 making $35,000 to $100,000 per year) having a life insurance contract, compared to just 46% of the general middle market population. In addition, it’s reported that over 70% of African Americans believe strongly that individuals and families should purchase life insurance, compared to less than half of the general population. African Americans often see life insurance as one of the building blocks for passing down wealth to the next generation, which is in contrast to many White Americans who already have amassed compound wealth to pass down to their heirs. Black financial advisers such as Eugene Mitchell, a vice president from New York Life, is focused on potentially getting $50 billion of tax-free income to the black community over the next generation by getting at least 200,000 families to buy $250,000 … [Read more...] about Should African Americans Buy Term Or Whole Life Insurance To Build Generational Wealth?
To commemorate Black History Month, Fastweb, a website directory for scholarship and financial aid information, is promoting its scholarships specifically for African American or minority students and urging black students to apply. Unfortunately, student loan debt is a greater burden on black students than students of other races. Black students borrow more money and more often than students of other races, often beginning adult life with a difficult debt burden. Although loans can be paid off (and here’s an inspiring story about one young couple that sacrificed to do just that), wouldn’t it be better to go to college using other people’s money? Fastweb Is Free Fastweb is a free resource that provides information on jobs and internships as well as scholarships. There is a specific portal for African American students here. “Fastweb is committed to helping provide access to scholarships, specifically for African American students, to help them achieve their … [Read more...] about Fastweb Highlights Scholarships for African Americans for Black History Month