Category Archives: Business

Why 1890 HBCUs Must Develop A Joint Tree Nursery: Sowing Legacy, Profit, and Power

“Since new developments are the products of a creative mind, we must therefore stimulate and encourage that type of mind in every way possible.” – George Washington Carver

The 1890 Land-Grant HBCUs were created not out of generosity but from segregation. And yet, over 130 years later, these institutions have carved out vital roles in agricultural education, food systems innovation, and land stewardship within the African American community. With the ever-growing climate crisis, shrinking agricultural landholdings for African Americans, and a glaring need for sustainable economic engines, the case for a joint tree nursery among the 1890 HBCUs is less an idea and more an imperative. The time for silos is over. A joint nursery would allow the 1890s to consolidate resources, amplify research, and plant the seeds—literally and economically—of a new generational legacy.

The Decline of African American Landownership and Ongoing Discrimination

In 1910, African Americans owned between 16–19 million acres of farmland. The years around this period would also see the Red Summer of 1919, when African Americans were violently targeted and lynched—many as punishment for owning land and asserting agency. Today, that number has dwindled to just 5.3 million acres as of 2022, according to the USDA’s Census of Agriculture, representing less than 0.6% of all U.S. farmland.

The decline is not just the result of economic shifts—it is the result of orchestrated policies and racially motivated practices. From the USDA’s long-standing discriminatory loan denials to heirs’ property laws that have gutted intergenerational land transfer, the path of African American landownership has been riddled with legal landmines. The Pigford v. Glickman settlement acknowledged this in part, but much of the damage remains.

The 2022 USDA Census also shows that Black producers make up just 1.4% of all U.S. farmers and generate only 0.5% of all farm-related income. These are not just agricultural figures—they are a ledger of institutional neglect.

A tree nursery jointly stewarded by the 1890 HBCUs could serve as a bulwark against further erosion. It would offer seedlings, training, and enterprise development that support African American landowners, reinforcing land retention, sustainable usage, and intergenerational economic viability.

Political Hostilities Facing HBCUs

Despite their vital role in education, research, and community development, HBCUs—especially 1890 land-grant institutions—have faced persistent political and financial challenges. These institutions continue to experience disparities in state and federal funding compared to predominantly white institutions (PWIs). Some of the key political hostilities facing HBCUs include:

  • Underfunding and Resource Disparities: Many 1890 HBCUs receive significantly less funding than their 1862 land-grant counterparts. Studies have shown that some states fail to allocate matching funds as required by federal law, putting HBCUs at a financial disadvantage.
  • Legislative Attacks on DEI Initiatives: In recent years, political efforts to limit diversity, equity, and inclusion (DEI) programs have targeted HBCUs and other minority-serving institutions. These measures threaten scholarship opportunities, faculty recruitment, and student support services.
  • Land-Grant Inequities: Unlike 1862 land-grant universities, 1890 HBCUs were historically excluded from receiving direct land allocations, resulting in fewer resources to develop agricultural research and extension programs. This inequity continues to hinder the growth of HBCU-led agricultural initiatives.
  • Institutional Wealth Gap: A stark difference exists between the endowments of 1890 HBCUs and their 1862 counterparts. Many 1862 land-grant universities have endowments in the billions, while 1890 HBCUs often operate with significantly smaller financial reserves. This gap limits their ability to invest in infrastructure, research, and large-scale agricultural projects. By collaborating, 1890 HBCUs can leverage collective resources to overcome these financial disparities.
  • Bureaucratic Challenges in Federal Funding: While the federal government provides grants and research funding for HBCUs, bureaucratic red tape often delays disbursement, limiting their ability to expand programs and infrastructure.
  • Hostile Political Climates in Some States: Certain state governments have attempted to merge or close HBCUs under the guise of budget cuts, despite the institutions’ strong academic contributions. These efforts undermine the historical and cultural significance of HBCUs in providing equitable education.

By establishing a joint tree nursery, 1890 HBCUs can leverage collective power to secure funding, build partnerships, and showcase the tangible benefits of investing in Black-led agricultural and environmental initiatives.

Benefits of Developing a Joint 1890 HBCU Tree Nursery

Environmental Sustainability and Climate Change Mitigation

Deforestation and land degradation disproportionately affect African American communities, contributing to environmental injustices such as poor air quality and increased vulnerability to natural disasters. A joint tree nursery among all 1890 HBCUs would:

  • Provide seedlings for reforestation projects in Black-owned lands and underserved communities
  • Help mitigate climate change by sequestering carbon dioxide through afforestation and agroforestry initiatives
  • Promote soil conservation and reduce erosion, particularly in the South, where agricultural practices have historically led to soil depletion

Economic Empowerment and Job Creation

A tree nursery initiative would not only benefit HBCU students and faculty but also offer economic opportunities to local landowners. Potential benefits include:

  • Revenue Generation: HBCUs can sell tree seedlings to farmers, municipalities, and reforestation programs, creating an additional income stream
  • Employment Opportunities: These nurseries can provide jobs for students, alumni, and community members in nursery management, forestry, and agribusiness sectors
  • Support for Black Farmers: Providing affordable seedlings and training on agroforestry practices can help African American landowners diversify their income and maximize land productivity

The Economic Benefits of the Timber Industry

The timber industry presents a lucrative opportunity for African American landowners and HBCUs. A joint tree nursery can serve as a foundation for engaging in sustainable forestry and timber production. Some key economic benefits include:

  • High Market Demand: The U.S. timber industry generates over $300 billion annually, with growing demand for sustainable wood products in construction, paper, and bioenergy sectors
  • Long-Term Investment: Timberland is a valuable asset that appreciates over time, providing generational wealth-building opportunities for Black landowners
  • Carbon Credit Market: African American landowners can participate in carbon credit programs by managing timberlands for carbon sequestration, receiving financial incentives for maintaining forests
  • HBCU Forestry Programs: Expanding forestry education at HBCUs can produce a new generation of Black professionals in timber management, conservation, and agribusiness
  • Sustainable Agroforestry: Integrating tree farming with traditional agriculture can enhance soil health, improve biodiversity, and create additional revenue streams for small-scale farmers

Enhancing Agricultural Education and Research

Many 1890 HBCUs already have robust agricultural programs. Establishing a joint tree nursery would further enrich their curricula by:

  • Offering hands-on training in silviculture, agroforestry, and nursery management
  • Creating research opportunities in sustainable land management, biodiversity conservation, and climate resilience
  • Facilitating collaborations with government agencies, non-profits, and private sector partners in reforestation and urban greening initiatives

Cross-Institutional Leverage: Strength in Numbers

A joint venture allows for economies of scale. Rather than every 1890 HBCU creating a small, under-resourced nursery, a consortium-based model allows for regional specialization and centralized management. One school could lead genetic research, another logistics, and another economic modeling. By specializing within the larger system, each institution contributes to a whole far greater than its parts.

Shared governance would also model cooperative economics for students and landowners alike—an important lesson in collective power for African American institutions that have long been made to compete rather than collaborate.

Community Wealth Building

The ultimate beneficiaries of this nursery aren’t just students or the HBCUs themselves—but the millions of African American families with access to underutilized or at-risk land. With the right training, seedlings, and partnerships, that land can be revitalized. It can produce not only timber but herbs, fruits, shade, and carbon credits.

The nursery becomes the beginning of a longer story—of community land trusts, green business corridors, and intergenerational financial literacy built around land-based wealth.

Seeding Sovereignty: A Strategic Call to Action

Developing a joint tree nursery among all 1890 HBCUs is more than an agricultural endeavor. It is an act of economic strategy, cultural restoration, environmental justice, and institutional collaboration. It’s about controlling the seed, the soil, and the story.

HBCUs have always been tasked with doing more with less. The joint nursery is an opportunity to do more—together—and build an enduring institutional asset rooted in cooperation, conservation, and community wealth.

Moreover, this initiative holds symbolic power. In the act of planting trees, 1890 HBCUs will be planting legacy—sending a signal that African American institutions are prepared not only to survive hostile economic climates, but to thrive through collective will. Trees are not short-term investments; they require long-term vision, care, and commitment—just like the kind of intergenerational institution-building African America must embrace.

The nursery would also be an anchor institution for Black innovation in climate tech, agroforestry finance, and regional ecosystem services. The act of growing trees connects economics with ecology, and by anchoring that process within the halls and lands of 1890 HBCUs, we bring knowledge production, carbon markets, and green workforce development under African American institutional ownership.

This is more than sustainability—it is sovereignty. The type of sovereignty that rewrites narratives around Black land loss, economic disempowerment, and environmental marginalization. In a future where climate, capital, and culture will increasingly intersect, the 1890 HBCUs must see a joint tree nursery not as a boutique project but as a national imperative rooted in Pan-African strategy and local resilience.

The seeds of sovereignty are ready. The land is waiting. The only question is whether the institutions tasked with leading our communities into the future will plant now, or later—when the cost of delay may be too great to bear.

Where Is The African American MBA At HBCUs?

“I built a conglomerate and emerged the richest black man in the world in 2008 but it didn’t happen overnight. It took me 30 years to get to where I am today. Youths of today aspire to be like me but they want to achieve it overnight. It’s not going to work. To build a successful business, you must start small and dream big. In the journey of entrepreneurship, tenacity of purpose is supreme.” — Aliko Dangote

It could be argued that many HBCUs do not see themselves as African American institutions. They just happen to be a college where African American students are the predominant student population – for now. A place where you may happen to find more African American professors than you would elsewhere. But in terms of intentionally being a place looking to serve the social, economic, and political interests of African America and the African Diaspora as a whole not so much. Schools like Harvard and the Ivy League in general seek to serve WASP interests, BYU and Utah universities serve Mormon interests, there is a litany of Catholic universities led by the flagship the University of Notre Dame serving Catholic interests, and around 30-40 women’s colleges serving women’s interests. Arguably, none are more intentional though than Jewish universities who seek to serve Jewish Diasporic interests. They do so intentionally and unapologetically. It is highlighted in two prominent dual programs.

Brandeis University, “founded in the year of Israel’s independence, Brandeis is a secular, research-intensive university that is built on the foundation of Jewish history and experience and dedicated to Jewish values such as a respect for scholarship, critical thinking and making a positive difference in the world.”

Master of Arts in Jewish Professional Leadership and Social Impact MBA In partnership with the Heller School for Social Policy and Management: “If you want to become a Jewish community executive, this program will give you the skills and expertise you need: a strong foundation in both management and nonprofit practices, as well as a deep knowledge of Judaica and contemporary Jewish life. You’ll take courses taught by scholars across the university, including management courses focused on nonprofit organizations and courses specific to the Jewish community.”

Master of Arts in Jewish Professional Leadership and Master in Public Policy: “If you want to become a professional leader who can effect positive change for the Jewish community at the policy level, you’ll need policy analysis and development skills as well as knowledge of Judaic studies and contemporary Jewish life — all of which our MA-MPP track is designed to impart. This track will teach you how to both assess policy and practice and design and implement strategic solutions.”

In the United States, the racial wealth gap remains stubbornly wide. For every dollar of wealth held by the average white household, the average Black household holds just 14 cents, according to the Federal Reserve. While policy debates rage on, a quieter revolution could be ignited in the lecture halls and boardrooms of Historically Black Colleges and Universities (HBCUs). It is time for these institutions to take the lead in launching a new kind of MBA—one rooted in African American entrepreneurship.

This would not be a symbolic gesture of representation. Rather, it would be a radical recalibration of business education in service of economic sovereignty. The proposed African American MBA, anchored at HBCUs, would fuse conventional business acumen with a deep focus on building and scaling Black-owned enterprises—injecting capital, credibility, and cultural context into the fight for economic justice.

A Different Kind of MBA

Traditional MBA programs—whether in Boston, Palo Alto, or London—have long celebrated entrepreneurship, but they rarely address the distinct structural barriers faced by African American founders: racialized lending, limited intergenerational capital, and investor bias, among others. An African American MBA would tackle these head-on.

Students would learn to navigate venture capital ecosystems that have historically excluded them, build business models designed for resource-scarce environments, and craft growth strategies anchored in community reinvestment. The curriculum would include case studies of Black-owned business successes and failures, from the Johnson Publishing Company to the modern fintech startup Greenwood Bank.

Such a program would not just train entrepreneurs; it would cultivate what economist Jessica Gordon Nembhard refers to as “economic democracy”—an ownership-driven economy where Black communities produce and own the value they generate.

From Theory to Practice

For this model to work, HBCUs must go beyond coursework. They must build ecosystems.

At the core of the program would be university-based business incubators providing capital, mentorship, and workspace. Students could launch ventures with real funding—from alumni-backed angel networks or Black-owned community development financial institutions (CDFIs). Annual pitch competitions would create visibility and momentum, offering grants, equity investment, or convertible notes to top-performing student ventures.

A tight integration with Black-owned businesses, supply chains, and financial institutions would form the scaffolding. Students might spend time embedded in legacy enterprises like McKissack & McKissack, or cutting-edge startups in healthtech, agritech, and media.

These ecosystems would provide fertile ground for venture creation while catalyzing local job growth. In doing so, they would re-anchor HBCUs as engines of regional economic development, not just academic training grounds.

The HBCU Edge

HBCUs are uniquely positioned to own this space. They already produce 80% of the nation’s Black judges, half of its Black doctors, and a third of its Black STEM graduates. Yet despite this outsized impact, their business schools have yet to consolidate around a unifying purpose.

By championing entrepreneurship explicitly tailored to African American realities, HBCUs could claim a domain left underserved by Ivy League and flagship public institutions.

Moreover, HBCUs benefit from strong community credibility, a network of engaged alumni, and access to philanthropic capital increasingly earmarked for racial equity. With ESG mandates guiding corporate philanthropy and DEI budgets under scrutiny, there is untapped potential for long-term partnerships with companies seeking measurable social impact through supplier diversity, mentorship, or procurement commitments.

Risks and Realities

Skeptics will ask: Will such a degree be taken seriously in the broader market? Will it pigeonhole students into “Black businesses” instead of the Fortune 500? The answer lies in the performance of the ventures it produces. Success, not symbolism, will be the ultimate validator.

Indeed, many of the world’s most transformative businesses have emerged from institutions that bet on community-specific models. Consider how Stanford’s proximity to Silicon Valley allowed it to incubate global tech companies—or how Israel’s Technion helped power a startup nation.

An African American MBA need not limit its graduates to one demographic. Rather, it provides a launchpad from which Black entrepreneurs can build scalable, inclusive ventures rooted in lived experience. And in doing so, change the face of entrepreneurship itself.

The Road Ahead

If a handful of HBCUs lead the way—Howard, Spelman, North Carolina A&T, and Texas Southern come to mind—they could collectively establish a national center of excellence for African American entrepreneurship. Over time, this could grow into a consortium offering joint degrees, online programming, and cross-campus business accelerators.

The long-term vision? A Black entrepreneurial ecosystem rivaling that of Cambridge or Palo Alto, but infused with the resilience, cultural currency, and social mission uniquely forged by African American history.

This would not merely be an academic experiment. It would be a new chapter in a centuries-old story—one where the descendants of slaves become the architects of capital.

Focusing an African American MBA program offered by HBCUs on entrepreneurship could be transformative for fostering economic growth and self-sufficiency within the Black community. Here’s how such a program might look:

Program Vision and Goals

  • Empower Black Entrepreneurs: Equip students with the tools and networks to build successful businesses that create wealth and opportunities within African American communities.
  • Address Systemic Barriers: Focus on overcoming challenges like access to capital, discriminatory practices, and underrepresentation in high-growth industries.
  • Build Community Wealth: Promote entrepreneurship as a pathway to closing the racial wealth gap and revitalizing underserved areas.

Curriculum Highlights

Core MBA Foundations:

  • Finance for Entrepreneurs: Teach how to secure funding, manage cash flow, and create financial models tailored to African American small and medium enterprises (SMEs).
  • Marketing and Branding: Strategies for building culturally relevant brands that resonate with diverse audiences.
  • Operations and Scaling: Guidance on running efficient operations and scaling businesses sustainably.

Specialized Courses:

  • Tomorrow’s Entrepreneurship: Building ventures with dual goals of profit, community impact, and focus on industries of the future.
  • Navigating VC and Angel Investments: Training on pitching to investors, negotiating terms, and understanding equity structures.
  • Black-Owned Business Case Studies: Analyze successes and failures of prominent African American entrepreneurs. Much like the Harvard Business Review that sells case studies there would be an opportunity for HBCU business schools to create a joint venture for the HBCU Business Review and sell case studies relating to African American entrepreneurship.

Hands-On Experiences

Business Incubator:

  • A dedicated incubator at the HBCU to provide seed funding, mentorship, and workspace for students to develop their ventures.

Real-World Projects:

  • Partner students with local Black-owned businesses to solve real business challenges.

Annual Pitch Competitions:

  • A platform for students to showcase business ideas to potential investors, with prizes and funding opportunities.

Partnerships and Networks

Corporate and Community Collaborations:

  • Partnerships with companies that prioritize supplier diversity programs to provide procurement opportunities for graduates.
  • Collaborations with established Black entrepreneurs for mentorship and guest lectures.

Access to Capital:

  • Establish a dedicated fund or partnership with Black-owned financial institutions to provide startup capital.

Measurable Outcomes

  • Startups Launched: Track the number of new businesses started by graduates.
  • Jobs Created: Measure the economic impact of those businesses in local communities.
  • Community Investment: Monitor how much revenue is reinvested into underserved neighborhoods.

In contrast to institutions that intentionally serve specific cultural, religious, or ideological communities, many HBCUs appear to operate as predominantly African American in demographic composition rather than as institutions deeply invested and intentional in advancing the collective social, economic, and political interests of African Americans and the African Diaspora. While other universities—whether Ivy League institutions catering to elite WASP traditions, religious universities fostering faith-based leadership, or Jewish universities purposefully cultivating Jewish communal leadership—explicitly align their missions with the advancement of their respective communities, HBCUs often lack this same level of strategic intent. If HBCUs wish to remain vital and relevant in the future, they may need to more deliberately embrace their role as institutions committed to the upliftment of African American communities, not just as spaces where Black students and faculty are well-represented, but as powerful engines of social transformation.

HBCU Money’s 2024 African American Owned Bank Directory

All banks are listed by state. In order to be listed in our directory the bank must have at least 51 percent African American ownership. You can click on the bank name to go directly to their website.

KEY FINDINGS:

  • 14 of the 18 African American Owned Banks saw increases in assets from 2023.
  • African American Owned Banks (AAOBs) are in 16 states and territories. Key states absent are Maryland, Missouri, New York, and Virginia.
  • Adelphi Bank (OH) is the most recent African American Owned Bank started in 2023. Prior to that no African American owned bank had been started in 23 years.
  • Alabama and Georgia each have two AAOBs.
  • African American Owned Banks have approximately $6.4 billion of America’s $23.6 trillion bank assets (see below) or 0.027 percent. The apex of African American owned bank assets was in 1926 when AAOBs held 0.2 percent of America’s bank assets or 10 times the percentage they hold today.
  • African American Owned Banks comprise 12 percent of Minority-Owned Banks (151), but only control 1.75 percent of FDIC designated Minority-Owned Bank Assets.
  • 2024 Median AAOBs Assets: $191,590,000 ($168,701,000)
  • 2024 Average AAOBs Assets: $355,448,000 ($326,097,000)
  • TOTAL AFRICAN AMERICAN OWNED BANK ASSETS 2024: $6,398,070,000 ($5,867,738,000)

ALABAMA

ALAMERICA BANK

Location: Birmingham, Alabama

Founded: January 28, 2000

FDIC Region: Atlanta

Assets: $17,741,000

Asset Change (2023): UP 2.7%

COMMONWEALTH NATIONAL BANK

Location: Mobile, Alabama

Founded: February 19, 1976

FDIC Region: Atlanta

Assets: $66,375,000

Asset Change (2023): DOWN 0.8%

DISTRICT OF COLUMBIA

INDUSTRIAL BANK

Location: Washington, DC

Founded: August 18, 1934

FDIC Region: New York

Assets: $755,175,000

Asset Change (2023): UP 2.2%

GEORGIA

CARVER STATE BANK

Location: Savannah, Georgia

Founded: January 1, 1927

FDIC Region: Atlanta

Assets: $106,700,000

Asset Change (2023): UP 30.3%

CITIZENS TRUST BANK

Location: Atlanta, Georgia

Founded: June 18, 1921

FDIC Region: Atlanta

Assets: $793,469,000

Asset Change (2023): UP 7.0%

ILLINOIS

GN BANK

Location: Chicago, Illinois

Founded: January 01, 1934

FDIC Region: Chicago

Assets: $64,685,000

Asset Change (2023): UP 1.2%

LOUISIANA

LIBERTY BANK & TRUST COMPANY

Location: New Orleans, Louisiana

Founded: November 16, 1972

FDIC Region: Dallas

Assets: $1,076,349,000

Asset Change (2023): UP 2.6%

MASSACHUSETTS

ONEUNITED BANK

Location: Boston, Massachusetts

Founded: August 02, 1982

FDIC Region: New York

Assets: $756,367,000

Asset Change (2023): UP 0.1%

MICHIGAN

FIRST INDEPENDENCE BANK

Location: Detroit, Michigan

Founded: May 14, 1970

FDIC Region: Chicago

Assets: $644,122,000

Asset Change (2023): UP 6.1%

MISSISSIPPI

GRAND BANK FOR SAVINGS, FSB

Location: Hattiesburg, Mississippi

Founded: January 1, 1968

FDIC Region: Dallas

Assets: $252,934,000

Asset Change (2023): UP 57.0%

NORTH CAROLINA

MECHANICS & FARMERS BANK

Location: Durham, North Carolina

Founded: March 01, 1908

FDIC Region: Atlanta

Assets: $498,118,000

Asset Change (2023): UP 15.9% 

OHIO

ADELPHI BANK

Location: Columbus, Ohio

Founded: January 18, 2023

FDIC Region: Chicago

Assets: $68,154,000

Asset Change (2023): UP 55.1%

OKLAHOMA

FIRST SECURITY BANK & TRUST

Location: Oklahoma City, Oklahoma

Founded: April 06, 1951

FDIC Region: Dallas

Assets: $174,740,000

Asset Change (2023): UP 46.4%

PENNSYLVANIA

UNITED BANK OF PHILADELPHIA

Location: Philadelphia, Pennsylvania

Founded: March 23, 1992

FDIC Region: New York

Assets: $53,275,000

Asset Change (2023): DOWN 4.4%

SOUTH CAROLINA

OPTUS BANK

Location: Columbia, South Carolina

Founded: March 26, 1999

FDIC Region: Atlanta

Assets: $662,589,000

Asset Change (2023): UP 26.2%

TENNESSEE

CITIZENS SAVINGS B&T COMPANY

Location: Nashville, Tennessee

Founded: January 4, 1904

FDIC Region: Dallas

Assets: $181,740,000

Asset Change (2023): UP 3.1%

TEXAS

UNITY NB OF HOUSTON

Location: Houston, Texas

Founded: August 01, 1985

FDIC Region: Dallas

Assets: $201,440,000

Asset Change (2023): DOWN 3.6%

WISCONSIN

COLUMBIA SAVINGS & LOAN ASSOCIATION 

Location: Milwaukee, Wisconsin

Founded: January 1, 1924

FDIC Region: Chicago

Assets: $24,097,000

Asset Change (2023): DOWN 12.0%

SOURCE: FDIC

The (What If) Merger of Fred Rogers Productions and Sesame Workshop: A New Era in Children’s Media

Play is often talked about as if it were a relief from serious learning. But for children play is serious learning. Play is really the work of childhood. – Fred Rogers

By William A. Foster, IV

The future of children’s media is a complicated world thanks to adults. Two pillar institutions long known for making the world a better place could both use massive infusions of capital and an invigoration of dynamism. It is quite possible they could find it in each other. At least, that is what we think here at HBCU Money. We explored just what the merger of two titans of children’s media production could look like and produce. As a child who was deeply rooted in the lessons and teachings of both hope they consider the possibility, because a world without even one of them is a place that would lose an immense compass of values, direction, and foundation that so many children need today.

At the heart of this merger lies a shared philosophy: the belief that children learn best in a nurturing, inclusive environment. Fred Rogers Productions, famous for “Mister Rogers’ Neighborhood,” has long emphasized emotional development, kindness, and community. Sesame Workshop, the creator of the iconic “Sesame Street,” has pioneered educational content that addresses complex topics like diversity, empathy, and resilience.

Both organizations have demonstrated a commitment to providing quality programming that resonates with children and parents alike. By joining forces, they aim to amplify their impact, reaching a broader audience with even more diverse and enriching content.

Financial Insights

Analyzing their financials from Form 990 provides insight into the scale of both organizations:

  • Fred Rogers Productions reported total revenue of approximately $12 million in its latest fiscal year, with a significant portion dedicated to content production and educational outreach programs. Its expenses were primarily focused on programming costs, which accounted for around 70% of total expenditures.
  • Sesame Workshop, on the other hand, reported revenues of about $40 million. This organization has a diverse funding model, including grants, sponsorships, and merchandising. Their expenditures reflect a robust investment in research and development, educational initiatives, and global outreach, with roughly 60% of their budget allocated to program development and production.

The merger will likely consolidate their financial strengths, allowing for more efficient resource allocation and broader fundraising opportunities. The combined financial stability can enhance their ability to produce innovative content and expand outreach efforts.

Expanding Educational Horizons

The merger is expected to leverage the strengths of both entities. Fred Rogers Productions brings its expertise in creating heartfelt, character-driven narratives that engage young viewers. In contrast, Sesame Workshop contributes its extensive research in early childhood education and its vast library of characters and stories that tackle real-world issues.

Together, they plan to develop new series that combine the emotional depth of Fred Rogers’ storytelling with the innovative educational strategies of “Sesame Street.” This collaboration promises to explore new themes, such as mental health, inclusivity, and environmental stewardship, all while maintaining the engaging format that children love.

A New Era of Collaboration

One of the most exciting aspects of the merger is the potential for collaboration between beloved characters from both organizations. Imagine a special where Mister Rogers interacts with Elmo and Big Bird, exploring the importance of kindness and friendship. Such crossovers could create unique opportunities for storytelling, allowing children to learn from multiple perspectives. Initiatives would not only attract existing fans but also engage new audiences, providing rich, multi-faceted learning experiences.

Commitment to Accessibility

Both Fred Rogers Productions and Sesame Workshop have a history of making their content accessible to all children, regardless of background or ability. The merger is set to enhance these efforts, with plans to expand reach into underserved communities and integrate diverse voices in content creation. By prioritizing accessibility, the organizations aim to ensure that all children have the opportunity to engage with their programming.

Looking Ahead

The merger between Fred Rogers Productions and Sesame Workshop represents a pivotal moment in children’s media. With a combined revenue of over $52 million and a shared commitment to enriching the lives of young children, they are poised to set new standards in educational programming. As they embark on this new chapter, their collaboration promises to foster an inclusive environment where every child can learn, grow, and thrive.

This strategic alliance not only honors the legacies of Fred Rogers and the creators of “Sesame Street” but also ensures their continued relevance in an ever-evolving media landscape. As they move forward, the focus will remain on nurturing the next generation with compassion, creativity, and a sense of community.

In the meantime, give a donation to FRP and SW by clicking on the links below.

Fred Rogers Productions: https://www.fredrogers.org/donate/

Sesame Workshop: https://sesameworkshop.org/support-us/

Disclosure: This article was assisted with by ChatGPT.

The Only African American Owned Bank In Texas Selects Morris Brown College Alum As Its Next CEO

Unity National Bank, headquartered in Houston, Texas, with $209 million in assets, is the eighth largest African American owned bank by assets. It is located just a stone’s throw away from Texas Southern University. Recently the bank named Pedro Bryant, a Morris Brown College alum, its new CEO and President. Unity National Bank has an immense opportunity to move up the rankings for African American banks with the right strategy. According to an Apartment List report in February 2024, San Antonio, Houston, Dallas, and Austin rank as the third, fourth, sixth, and seventh best cities in the US for African American professionals. Lendio also reports that Texas is home to over 400,000 African American owned businesses and almost 13,000 are employer firms. These ingredients mean that with Unity National Bank being the only African American owned bank in the state the runway for growth is theirs to capture. This also means a strengthening of ties between HBCUs and the African America private sector are that much stronger. The lack of cohesion between the two institutions (100 HBCUs and 16 African American owned banks) has largely been one of the key ingredients holding back the African American economy as intellectual and economic capital rarely circulates between HBCUs and the African American owned employer firms.

Unity National Bank’s Full Press Release: