Diane Ragsdale’s development organization receives $250K from Goldman Sachs to develop Sou
Diane Ragsdale in her office at Innercity Community Development in Dallas in February 2021.The Innercity Community Development Corporation, a nonprofit founded by former Dallas City Council member Diane Ragsdale, has received a $250,000 grant from the Goldman Sachs’ Black Woman Impact program.
“This is an area that has been grossly neglected over many years,” Ragsdale said. “We confront this gross neglect with a transformative and integrated approach.” “It’s unrestricted money, which is very helpful,” Ragsdale said. “We have the flexibility to serve more and to serve better and so we will strengthen our homeownership program and strengthen each and every program we have.”
Asahi Pompey, Global Head of Corporate Engagement and President of the Goldman Sachs Foundation, said about 50 listening sessions with 20,000 Black women help the foundation decide that communities could be improved by putting funds directly into the hands of Black women.
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