RESSLER GERTZ FAMILY FOUNDATION AND HAWKS INVESTING $40 MILLION IN ATLANTA

The Ressler Gertz Family Foundation, the philanthropic arm of Hawks Principal Owners Tony Ressler and Jami Gertz, in partnership with the Atlanta Hawks, announced a long-term, comprehensive plan to provide financial, marketing and educational resources to Black-owned businesses and entrepreneurs throughout the city of Atlanta in an effort to create greater economic opportunity in the Black community.

The Ressler Gertz Family Foundation has committed to contributing $5 million to the Herman J. Russell Center for Innovation and Entrepreneurship (RCIE), the largest non-profit center for Black entrepreneurs in the nation, to expand its reach and provide financial support to local Black-owned businesses through increased access, opportunity and exposure as well as expanding future RCIE programming.

https://twitter.com/atlhawks/status/1321080732392050695?s=21

“Located in the heart of Atlanta and founded by one of Atlanta’s most successful, entrepreneurial families, RCIE is one of the most innovative organizations that is providing real solutions for Atlanta’s Black community and contributing directly to the growth of Black businesses, jobs, and wealth. Systemic barriers have prevented the Black community from pursuing the educational, employment, and business opportunities necessary to fully contribute to and benefit from our growing local economy,” said Mr. Ressler. “Jami and I take our responsibility as owners of a professional sport franchise in the great city of Atlanta very seriously – and with that responsibility is a commitment to devote resources to organizations that are making tangible, impactful change.

This commitment is part of a long-term, comprehensive plan to provide resources to Black-owned businesses and entrepreneurs throughout Atlanta to create greater economic opportunity in the Black community.

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— Atlanta Hawks (@ATLHawks) October 27, 2020