Partners for the Common Good (PCG) stands in solidarity with Black communities in ending systemic racism and police violence. We strongly believe that Black lives absolutely do matter. PCG stands with those who are outraged by the systemic racism plaguing our country. We stand with those exercising their right to protest and catalyze change. PCG unequivocally condemns violence against Black communities. We affirm our historic commitment to combat racial injustice.
We extend our deepest condolences to the families of George Floyd, Breonna Taylor, Ahmaud Arbery, and all other Black Americans whose lives were prematurely ended as a result of racially motivated violence and police brutality.
As a national Community Development Financial Institution (CDFI) - whose industry was born out of the Civil Rights movement - PCG is focused on serving and building wealth for communities left out of the economic mainstream. Now, more than ever, we recommit to use our resources to fight for equity for Black and other communities of color.
PCG’s mission is to “advance economic justice and opportunity for low-income people and communities by partnering with other mission-driven financial institutions to bring more capital to the communities that need it most.” This mission is based on a core value that all people deserve to be treated with dignity.
The “common good” in our name was derived from the historic text, Mater et Magistra, and is described as, “to provide employment for as many workers as possible…To make accessible the goods and services for a better life to as many persons as possible…to ensure that the advantages of a more humane way of existence not merely subserve the present generation, but have regard for future generations as well.” As a society, we are interconnected. Racism in any context inevitably negatively affects all aspects of society. The progress of a society cannot occur in the absence of justice or in the presence of... Read more here.