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Jaylen Brown and Jason Kidd’s $5 Billion Plans

On Aug. 9, in downtown Oakland at Oakstop, a co-working and event space, dozens of journalists and broadcasters convened to hear an historic announcement from NBA icon Jason Kidd and NBA All Star and Finals MVP Jaylen Brown. The duo told the world that they have joined forces to raise an ambitious $5 billion dollars to empower underserved and marginalized communities. The week prior, Brown set the goal in motion by creating the Boston XChange in preparation to do the same in the Bay Area as the Oakland XChange.

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NBA All Star and 2024 Finals MVP Jaylen Brown, Oakland XChange's founder Trevor Parham, Boston XChange board member Riz Shah, and NBA icon Jason Kidd at Oakstop in Oakland announcing the creation of XChange Oakland and a commitment to raise $5 billion dollars to empower marginalized communities across the nation. Courtesy of Oakland Xchange.
NBA All Star and 2024 Finals MVP Jaylen Brown, Oakland XChange's founder Trevor Parham, Boston XChange board member Riz Shah, and NBA icon Jason Kidd at Oakstop in Oakland announcing the creation of XChange Oakland and a commitment to raise $5 billion dollars to empower marginalized communities across the nation. Courtesy of Oakland Xchange.

By Carla Thomas

On Aug. 9, in downtown Oakland at Oakstop, a co-working and event space, dozens of journalists and broadcasters convened to hear an historic announcement from NBA icon Jason Kidd and NBA All Star and Finals MVP Jaylen Brown.

The duo told the world that they have joined forces to raise an ambitious $5 billion dollars to empower underserved and marginalized communities. The week prior, Brown set the goal in motion by creating the Boston XChange in preparation to do the same in the Bay Area as the Oakland XChange.

“True systemic change requires collaboration, shared vision, and collective impact. By working with community partners, thought leaders, and cultural influencers, our goal is to cultivate a powerful network of support and innovation,” shared Brown.

Through the new nonprofit XChange enterprises in Boston and Oakland and his sphere of influence, Brown has set his intentions in motion jumpstarting a path toward generational wealth and cultivating cultural innovation in underserved and underrepresented communities. Designed to provide opportunities at the intersection of business and culture, Brown says the XChange will use a place-based strategy to drive solutions for better cities, integrating real estate development, business education, technology, and cultural competency to foster economic growth.

Chapters in Boston (BXC) and Oakland (OXC) will serve as organizing hubs, utilizing commercial real estate to empower underserved communities.

Kidd says he was inspired by Brown’s concept and the two have committed millions of dollars from their own fortunes to kick off the venture. Kidd and Brown, both Oakland natives, see a bright future for their hometown.

“We welcome anyone that is willing to make a commitment to the future and health of the community and put it on a path toward generational sustainability,” said Kidd, during the press conference.

“The racial wealth gap is not limited to Boston — It’s a national issue, affecting Oakland and cities throughout the country, revealing how some groups are better positioned to make critical investments in their futures that benefit their families and communities,” said Kidd.

Kidd has also made significant philanthropic contributions to his hometown, such as funding the Willie Keyes Recreation Center in West Oakland.

The XChange will create and showcase scalable and repeatable models for shared real estate ownership and impact investments to facilitate asset building for sidelined community members that can be adopted across the country. They will engage professional athletes, business leaders, philanthropists, and influencers who are passionate about solving wealth inequality in the cities they love, using a replicable model that maximizes impact while uplifting existing organizations working to bridge the wealth gap.

“Using this strategy, The XChange presents an opportunity for individual cities to tailor the model to the unique needs and strengths of their communities, replicating and refining it for optimal impact,” said the Oakland XChange’s founder Trevor Parham.

“Place based strategies are important for unifying and revitalizing underserved communities and our lived experiences inform market insights and social solutions that help foster sustainable economic development. I’m proud of Oakstop’s track record for community-led social impact and our synergy with the Boston XChange.”

Boston XChange board member Riz Shah was also on hand along with local politicians, Caroll Fife, Rep. Barbara Lee (D-CA-12), and Lateefah Simon, candidate for U.S Congress. They all shared their excitement for the new venture.

For more information visit:  www.oaklandxchange.org

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Activism

LIVE! — TOWN HALL ON RACISM AND ITS IMPACT — THURS. 11.14.24 5PM PST

Join us for a LIVE Virtual Town Hall on the Impact of Racism hosted by Post News Group Journalist Carla Thomas and featuring Oakland, CA NAACP President Cynthia Adams & other Special Guests.
Thursday, November 14, 2024, 5 p.m. – 6:30 p.m. PST

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Join us for a LIVE Virtual Town Hall on the Impact of Racism hosted by Post News Group Journalist Carla Thomas and featuring Oakland, CA NAACP President Cynthia Adams & other Special Guests.
Thursday, November 14, 2024
5 p.m. – 6:30 p.m. PST

Discussion Topics:
• Since the pandemic, what battles have the NAACP fought nationally, and how have they impacted us locally?
• What trends are you seeing concerning Racism? Is it more covert or overt?
• What are the top 5 issues resulting from racism in our communities?
• How do racial and other types of discrimination impact local communities?
• What are the most effective ways our community can combat racism and hate?

Your questions and comments will be shared LIVE with the moderators and viewers during the broadcast.

STREAMED LIVE!
FACEBOOK: facebook.com/PostNewsGroup
YOUTUBE: youtube.com/blackpressusatv
X: twitter.com/blackpressusa

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Activism

Oakland Post: Week of November 6 – 12, 2024

The printed Weekly Edition of the Oakland Post: Week of November 6 – 12, 2024

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To enlarge your view of this issue, use the slider, magnifying glass icon or full page icon in the lower right corner of the browser window.

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Activism

Stop-the-Hate Message Shared with Tens of Thousands at Calif’s Largest Black-Themed Street Festival

Hundreds of thousands gathered at the 19th annual Taste of Soul Festival in Crenshaw — an event dubbed “California’s largest block party” — on Oct. 19. At the event, California Black Media (CBM) partnered with the California Civil Rights Department (CRD) to spread the word about the California Vs. Hate, a statewide hate crime online resource and telephone hotline, launched in 2023.

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Office of the Civil Rights Staff and CBM Representative. Courtesy Photo.
Office of the Civil Rights Staff and CBM Representative. Courtesy Photo.

By Tanu Henry, California Black Media  

 Hundreds of thousands gathered at the 19th annual Taste of Soul Festival in Crenshaw — an event dubbed “California’s largest block party” — on Oct. 19.

At the event, California Black Media (CBM) partnered with the California Civil Rights Department (CRD) to spread the word about the California Vs. Hate, a statewide hate crime online resource and telephone hotline, launched in 2023.

“Held in the heart of south Los Angeles on Crenshaw Blvd, over half a million people attend the one-day event that brings out the best our community has to offer,” said Brandon Brooks, Stop the Hate project director at California Black Media.

The festival promotes local businesses as well as it brings out local and statewide resources to assist community members, Brooks continued. “The day has proven to be a great opportunity to speak to people directly and provide information to combat hate crimes and incidents.”

During the event, Brooks said he, James Williams, Community Based Organization Manger for California Vs. Hate and Leah Brown-Goodloe from CBM informed and shared literature with tens of thousands of festivalgoers about the state’s Stop the Hate resources.

CBM’s Stop the Hate outreach was held at the beginning of United Against Hate Week (UAHW), a commemoration held annually across the country to recognize the fight against all forms of hate.

UAHW was first launched in 2018 by elected leaders, staff, and community groups from 13 cities in the Bay Area who organized a “United Against Hate” poster campaign responding to White supremacists marching in Northern California streets in the aftermath of Charlottesville riots.

In 2018, Los Angeles County, LAvsHate, a campaign that provided anti-hate crime information and resources to report hate incidents and hate crimes.

According to CRD director Kevin Kish, the L.A. initiative provided a model for the state’s program.

Today, UAHW has grown into a national movement with events organized across the country to mark the day.

In June, California Attorney General Rob Bonta released the2023 Hate Crime in California Report. According to the report, hate crimes in California decreased by 7.1% from 2,120 in 2022 to 1,970 in 2023.

However, incidents and crimes against Black Californians remained higher than average with 518 reported cases in 2023.

When it comes to reported hate crimes, we know that Black Californians are the most targeted group for hate and discrimination in our state,” said Williams.  “The California Civil Rights Department wants people to know that we are committed to reaching the Black community through outreach events and campaigns, including our first-ever billboard campaign, forging new partnerships, or increasing awareness about the hotline and available resources to historically hard-to-reach and underserved Californians.”

Williams said he wants to remind all Californians that there is “support when you report!”

“No matter your background or where you come from, if you’ve been targeted for hate, you can get help accessing legal, financial, mental health, and other services by calling 833-8-NO-HATE or by going to CAvsHate.org,” Williams added.

How To Report A Hate Crime:

CA vs Hate is a non-emergency, multilingual hate crime and incident reporting hotline and online portal. Reports can be made anonymously by calling (833) 866-4283, or 833-8-NO-HATE, Monday to Friday from 9 a.m. to 6 p.m. PT or online at any time.

For more information on CA vs Hate, please visit CAvsHate.org.

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