The Howard University Center on Race and Wealth (CRW) was founded by Dr. Charles L. Betsey and Dr. Rodney D. Green in 2007 through a grant from the Ford Foundation.

We are housed in the Department of Economics and our goal is to enrich the dialogue and research on:

  • asset building,
  • wealth accumulation,
  • and racial wealth disparities.

This supports the Ford Foundation’s initiative on Building Economic Security over a Lifetime by assessing the research and technical assistance needs of the Initiative’s state and regional asset building coalition grantees and enlisting a team of experienced researchers at universities across the country—Center Associates—to conduct studies on asset building issues of interest to the coalitions.

The work of this virtual “think tank” of academic researchers is supported by research assistants from the Graduate Economics program at Howard University.

Center Associates and their graduate assistants work with coalition grantees to support each coalition’s specific mission with regard to wealth creation education and advocacy in its particular state or region.

Dr. Charles L. Betsey

Dr. Charles L. Betsey is professor emeritus and former co-director of the Center on Race and Wealth at Howard University. He previously served as interim dean of the Graduate School.  His recent publications include “Black-White Differences in Consumption: An Update and Some Policy Implications” an article in honor of former Northwestern University economist Marcus Alexis and Historically Black Colleges and Universities (Transaction Press).  His current research interests include the racial wealth gap and occupational segregation over the business cycle.

Dr. Betsey began his career as a Labor Economist in the Office of Economic Opportunity, Executive Office of the President, where he served from 1971 to 1973.  He has served in research and/or policy positions in all three branches of the federal government.