Wealthy Legacies
Grant Application
Top 10 Most Impactful Topics from URPF Research
Here are the top 10 most impactful topics from our URPF research file. The following illustrates the economic and societal disparities shaped by the legacy of slavery, the Freedmen's Bureau, and subsequent policies:

by Wealthy Legacies VFO

The Racial Wealth Gap
$188,200
Median White Family Wealth
$24,100
Median Black Family Wealth
8:1
Wealth Ratio
The median white family's wealth is $188,200, while the median Black family's is $24,100—a ratio of nearly 8 to 1. This gap is the result of centuries of compounded disadvantage, and it continues to grow.
Property and Land Losses
1
1875
16 million acres of Black-owned farmland
2
1950
Just 2.4 million acres remaining
Black-owned farmland declined from 16 million acres in 1875 to just 2.4 million acres by 1950, with property losses totaling $2.7 billion (about $47 billion today). Systematic dispossession through violence, legal trickery, and economic exclusion devastated Black wealth.
Housing Discrimination and Redlining
85%
Restrictive Covenants
In the 1940s, 85% of residential properties in major cities were covered by restrictive covenants
Practices like restrictive covenants and redlining locked Black families out of homeownership and appreciation. In the 1940s, 85% of residential properties in major cities were covered by restrictive covenants, and Black homeownership rates lagged far behind white rates.
Education Funding and Achievement Gaps
Schools serving Black students have historically received far less funding. In the 1940s, per-student spending in white schools was $86, compared to $15 in Black schools. Today, schools serving primarily Black students receive $23 billion less in funding annually.
Business Ownership and Access to Capital
Low Business Ownership
Black business ownership rates remain low (2.3%)
Capital Gap
Black entrepreneurs face a $35,000 average startup capital gap
Historical Discrimination
Historically, less than 1% of government farm loans went to Black farmers, and business loan rejection rates were as high as 84%
Health Disparities
2.5x
Child Mortality
Black children's mortality rates were 2.5 times higher than their white peers
4.2x
Preventable Disease
Preventable disease rates 4.2 times higher for Black Americans
Black Americans face higher rates of chronic disease, maternal mortality, and lower life expectancy. For example, Black children's mortality rates were 2.5 times higher, and preventable disease rates 4.2 times higher, than their white peers.
Labor Market Discrimination and Wage Gaps
Historical Wage Gap
Black workers have consistently earned less for the same work—wage gaps ranged from 48-62% lower wages for the same jobs
Current Wage Gap
Today, Black workers earn 73 cents for every dollar earned by white workers
Intergenerational Wealth Transfer
The average inheritance for white families in 1950 was $3,800, compared to just $190 for Black families—a 20 to 1 ratio. This gap persists, with median inheritance today at $83,000 for white families and $8,700 for Black families.
Criminal Justice Disparities
5x
Incarceration Rate
Black Americans are five times more likely to be incarcerated
19%
Longer Sentences
Receive 19% longer sentences for similar crimes
2.5x
Police Encounters
2.5 times more likely to be killed during police encounters
Cumulative Disadvantage and Social Mobility
Income Mobility
Sixty-five percent of Black children born into the bottom fifth of the income distribution remain there as adults, compared to only 32% of white children
Education Impact
Black college graduates have 33% less wealth than white high school graduates
These topics are deeply interconnected and demonstrate that real work remains ahead of us!