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The power of your voice
In May 2020, the murder of George Floyd shook Tim M. to his core. “As a Black man, that hit me hard,” says the vice president of treasury at ServiceNow.
Tim and his family decided to get off the sidelines and do something. They started protesting in downtown San Jose to raise awareness and call attention to the racial injustices plaguing the United States.
At the same time, Tim felt compelled to educate himself on the systemic issues behind the wealth disparity between Blacks and whites. After reading some startling statistics in a book titled “The Color of Money,” he realized protesting and raising awareness wasn’t enough—it was time for him to make a lasting and positive change in Black communities.
Improving the quality of lives
Filled with uncertainty and doubt, Tim presented to ServiceNow's chief financial officer and members of the board the idea of creating a racial equity fund.
In January 2021, ServiceNow launched the Racial Equity Fund to invest $100 million in Black communities where ServiceNow has direct ties. Managed by RBC Global Asset Management, the fund is helping to finance homeownership, entrepreneurship, and neighborhood revitalization in 10 regions across the United States.
Watch the video to learn about the far-reaching impact of this fund:
The impact of the Racial Equity Fund all started with “Tim raising his hand and challenging ServiceNow to do something different,” explains Edua D., vice president of ESG and finance strategy at ServiceNow.
“The Racial Equity Fund is helping me live my best life by giving me a voice,” Tim adds.
Let us all be inspired by Tim to make an impact in the world, no matter who we are or what position we hold. How will you use your voice to make a difference?
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