As the uprising spurred by George Floyd’s killing continues to reverberate, a new coalition of Washington business and philanthropy leaders says it aims to spend $2 billion over the next five years to advance racial equity.
Nearly 60 executives have so far joined the group, Washington Employers for Racial Equity, including the CEOs of some of the state’s most prominent organizations, such as Microsoft, Nordstrom, Boeing, Costco, Windermere Services Co. and the Bill & Melinda Gates Foundation. (Seattle Times Publisher and CEO Frank Blethen is also a member.)
The coalition, announced Tuesday, arose in response to a report commissioned by two other business groups, Challenge Seattle and Washington Roundtable, that compiled local and national statistics about how Black people fare at work and in many other aspects of life.
“A lot of stuff I read in it was right on,” said Ollie Garrett, president and CEO of Taber 100, a