Minority community

A List of Minority Groups [by %] Many companies are focusing on minority groups as a part of their diversity initiatives. In this article, we created a list of minority groups and included their % of the U.S. population [if we could find it] using census data. This article will use the term “underrepresented” and “minority” interchangeably. However, there is a trend away from the phrase “minority” because some people take offense to the “minor” part of “minority”. For this article we are using it more in the statistical sense. What is a minority? How do you define minority group? Minority groups describe racially, ethnically, or culturally distinct groups that are not in a larger majority group. “In the United States, for example, non-Hispanic Whites constitute the majority (63.4%) and all other racial and ethnic groups (Mexican, African Americans, Asian Americans, American Indian, and Native Hawaiians) are classified as “minorities”.” What is an underrepresented group? What is an An underrepresented group is a subset of a population with a smaller percentage than the general population—for example, people of color (POC) or indigenous people. Companies also use terms such as underrepresented ethnic groups, underrepresented communities, and underrepresented cultures to describe these groups. Some consider minority vs underrepresented group to be the same. The only difference we found is that an underrepresented group is a subset of a minority group. (e.g. If the percentage ...

The leaders of a bipartisan Senate caucus on Thursday will announce a coalition of businesses and foundations has reached its goal to raise $1 billion for minority and community lenders. Sens. Mark Warner, D-Va., and Mike Crapo, R-Idaho, co-chairs of the Community Development Finance Caucus, will join Treasury Deputy Secretary Wally Adeyemo at the Capitol Thursday to announce news of the benchmark. They'll be joined by members of the Economic Opportunity Coalition, which was formed last year, along with lenders focused on underserved communities. Advocates say the new funds will boost minority-owned and rural businesses, as well as small firms emerging from the pandemic. "This is a the beginning of an effort, that I hope, we can help encourage corporate America, at very little cost of themselves, put their money where their mouth is in terms of helping underserved communities," Warner said. "This is this is investing capital in the same way that you would deposit your money." Thursday's announcement will also include representatives with Community Development Financial Institutions, or CDFIs, and Minority Depository Institutions, or MDIs. Crapo noted that the CDFIs and MDIs are in communities that lack access to capital more readily available in larger metro areas. The new effort follows previous expansions of lending by CDFIs and MDIs, including a $12 billion federal investment tied to the pandemic relief bill passed in December 2020. "This is really the opportunity to gi...

Sens. Mark Warner and Mike Crapo, seen here making their way to the House chamber for President Trump's first State of the Union Address in 2018, are announcing an effort to expand access to capital for small businesses emerging from the pandemic. Pete Marovich/Getty Images hide caption toggle caption Pete Marovich/Getty Images Sens. Mark Warner and Mike Crapo, seen here making their way to the House chamber for President Trump's first State of the Union Address in 2018, are announcing an effort to expand access to capital for small businesses emerging from the pandemic. Pete Marovich/Getty Images The leaders of a bipartisan Senate caucus on Thursday will announce a coalition of businesses and foundations has reached its goal to raise $1 billion for minority and community lenders. Sens. Mark Warner, D-Va., and Mike Crapo, R-Idaho, co-chairs of the Community Development Finance Caucus, will join Treasury Deputy Secretary Wally Adeyemo at the Capitol Thursday to announce news of the benchmark. They'll be joined by members of the Economic Opportunity Coalition, which was formed last year, along with lenders focused on underserved communities. Advocates say the new funds will boost minority-owned and rural businesses, as well as small firms emerging from the pandemic. "This is a the beginning of an effort, that I hope, we can help encourage corporate America, at very little cost of themselves, put their money where their mouth is in terms of helping underserved communities," W...