The corporations and foundations that are members of the EOC have committed to aligning major investments in communities of color with investments made by the Biden-Harris Administration. The EOC is coordinating across public, private, and social sector organizations to develop and deploy products that solve challenges in getting resources where they are most needed and drive towards outcomes for meaningful action.
Founding EOC member companies include Ariel Investments, Bank of America, BNY Mellon, Capital One, Citi, Discover, Ford Foundation, Goldman Sachs, Google, H&R Block, Intercontinental Exchange, KeyBank, Kresge Foundation, Mastercard, McDonald’s, McKinsey & Company, Micron, Momentus Capital, Moody’s, Netflix, Next Street, PayPal, PNC, The Rockefeller Foundation, Starbucks, TIAA, Upstart, Vista Equity Partners, and Wells Fargo.
KEY PRINCIPLES OF THE COALITION
We focus on quality over quantity, building very specific solutions from the bottom-up that address root cause problems; EOC members have over $150 billion in existing commitments – our goal is to focus commitments in a few areas that will move the needle.
We create alignment and synergies between the private and public sectors through sustainable dialogue across the public, private, and social sectors.
We hold each other accountable to meaningful action.
THE EOC HAS FOUR PRIORITY AREAS OF FOCUS
JULY 28, 2022 I STATEMENTS AND RELEASES
Vice President Announces New Private and Public Sector Efforts to Align Tens of Billions in Investments in Underserved Communities USD 450-500Mn income uplift by 2024 across all markets
Oct 4, 2022 I STATEMENTS AND RELEASES
Vice President Harris Announces New Public and Private-Sector Efforts to Advance Racial Equity at Freedman’s Bank Forum
African American Alliance of CDFIs (Board Chair)
Appalachian Community Capital
Enterprise Community Partners
Financial Health Network
Hope Credit Union
National Association for Latino Community Asset Builders
National Coalition for Asian Pacific American Community Development
National Bankers Association
Opportunity Finance Network
The Resurrection Project
FOUNDING MEMBERS OF THE EOC
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© 2022 EOC