New study forecasts multi
trillion dollar wealth transfer for African-American households
A new study from researchers at the Boston
College Center on Wealth and Philanthropy (CWP) estimates
that between $1.1 trillion and $3.4 trillion of wealth will
be transferred from estates to African-American households
by 2055.
Their new report, "Wealth Transfer Estimates
Among African-American Households," also includes statistical
patterns and trends in income, wealth, and philanthropic giving
among African-American households, as well as information
on the capacity of African-American households to make charitable
gifts and to leave charitable bequests during the 2001 - 2055
period. The research was facilitated by funding from the Twenty-First
Century Foundation.
"The growth in wealth among younger
African-Americans who grew up after civil rights legislation
was in effect identical to that for Caucasians of the same
age and this is a hopeful sign for African-American wealth
in the future," said CWP Associate Director John Havens,
who directed the study
For full report click on
link below
Wealth
Transfer Estimates for African American
Households
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2005
Applications
You may qualify for home ownership
through Habitat for Humanity of Huron Valley!!
In order to qualify, you must be able to demonstate:
*a need for simple, decent housing
*a willingnes to partner with Habitat
*the ability to pay
Application will be available
on May 1, 2005 at the Habitat Office and Ann Arbor and Ypsilanti
Public Libraries
The 2005 Application Period
runs from
May 1 to May 31, 2005
Applicant must have been a Washtenaw
County resident for the past 12 months at the time of application.
Applicant must either be a U.S.
citizen or have permanent resdency status (green card)
If you family income fall within
the guidelines below, and have a genuine need for decent housing,
and are willing to work to a Habitat homeowner, you may qualify.
Pick up an application a a local library or call Habitat office
for more information.
| 2005 Guidelines
for Housing Income - Before Taxes |
| Family Size |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
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Maximum
Yearly
Income
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27,300 |
31,200 |
35,100 |
39,050 |
42,150 |
45,250 |
48,400 |
51,500 |
Minimum
Yearly
Income
|
16,400 |
18,750 |
21,100 |
23,450 |
25,300 |
27,200 |
29,050 |
30,950 |
Maximum
Monthly
Income |
2,275 |
2,600 |
2,925 |
3,254 |
3,512 |
3,771 |
4,033 |
4,292 |
Minimum
Monthly
Income |
1,367 |
1,562 |
1,758 |
1,954 |
2,108 |
2,267 |
2,421 |
2,579 |
For more inormation, Please
Call:
Habitat for Humanity of Huron Valley
734-677-1558
Are YOU Interested in a Habitat
Home??
If so, please join us
Saturday, April 30, 2005
starting at 9am for an Information
Workshop in order to learn how to qualify.
The workshop will be held in
Room 275 of Liberal Arts & Science Building
(LAS)
on the campus of Washtenaw Community College.
(Enter WCC campus for Clark Road, and Park in Lot A)
Applications will be available at this workshop,
and from
May 1 - May 30, 2005
at public libraries in Ann Arbor and Ypsilanti and the Habitat
for Humanity office (715 W. Ellsworth, Ann Arbor)
Questions call the Habitat for Humanity Office
@
734-677-1558
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The African American
Alliance,
The Black Parent, Student Support,
The Ministerial Alliance of Ypsilanti, Ann Arbor & Vicinity
and the
Ann Arbor Branch of the NAACP
Presents
Ann Arbor School Board Candidate Forum
Tuesday April 19
7-9 pm
New Hope Baptist Church
218 Chapin
All four School Board candidates will be
there to address the issues that concern you !
Dont forget to vote, Tuesday, May 3
For more information contact
Jeff Harrold jharrold@umich.edu,
Sylvia Nesmith nesy@comcast.net,
Sheryl Prince sherprin@comcast.net
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| Estimates of 2003 expenditures
by all black U.S. households |
Apparel
Products and Services
$22.9 billion |
Appliances
$1.5 billion |
Beverages
(Alcoholic)
$2.2 billion
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Beverages
(Non-Alcoholic)
$2.9 billion
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Books
$303 million
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Cars, Trucks and Motorcycles
$29.1 billion
|
Computers and Related Equipment
$1.9 billion
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Consumer Electronics
$3.2 billion
|
Contributions
$10.3 billion
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Education
$4.6 billion
|
Entertainment and Leisure
$2.5 billion
|
Food
$53.9 billion
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Gifts
$7.9 billion
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Health Care
$16.7 billion
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Household Furnishings and Equipment
$11.6 billion
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Housewares
$1.1 billion
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Housing and Related Charges
$131.7 billion
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Insurance
$14.8 billion
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Media
$5.3 billion
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Personal Care Products and Services
$6.2 billion
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Sports and Recreational Equipment
$386 million
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Telephone Services
$13.6 billion
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Tobacco Products and Smoking Supplies
$2.6 billion
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Toys, Games and Pets
$1.9 billion
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Travel, Transportation and Lodging
$5.1 billion
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Annual
Black Celebratory Program
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Dear Colleague:
I am writing to again request your participation in the
11th Annual Black Celebratory Program on April 30, 2005. Your
presence in the formal procession onto the stage of the Hill
Auditorium will make a vivid statement about the importance
of our students' accomplishments. In the past, some 2,000 students,
families, faculty, and staff have participated in this event.
We want this year's celebration, with its theme "The
Beautiful Struggle," to be equally memorable. The Black
Celebratory Planning Committee has selected Dr. Kenya Ayers
as this year's keynote speaker who is the Associate Vice Provost
for Academic Services at Kettering University and a U of M Alum.
As always, the Black Celebratory Program has been scheduled
after all other commencement exercises are completed so that
students can also attend the commencement ceremonies of their
schools and colleges. The celebratory will start at 7:30 p.m.,
but I am asking that you come to the upper level of Hill Auditorium
at 7:00 p.m. to line up for the processional.
Academic attire is appropriate for this occasion. I am making
a limited number of bachelor, master, and doctorate gowns available
for your use. Please contact Lisa Schulte at the Michigan Union
Bookstore in the basement of the Michigan Union for assistance.
Borrowed gowns can be returned to the Office of Academic Multicultural
Initiatives (3009 SAB Building) or left at Hill Auditorium after
the program.
I look forward to our collectively celebrating and honoring
the achievements of our students.
Please RSVP to Theda Gibbs
(or John
Matlock (matlock@umich.edu) at
936-1055 by Thursday March 31.
Your response by that date is important, as we would like
to list participating faculty and staff in this year's program
booklet.
Read More About the Black Celebratory
@
Black
Celeratory
LESTER P. MONTS
Senior Vice Provost for Academic Affairs Senior Counselor to
the President for the Arts, Diversity, and Undergraduate Affairs
Arthur F. Thurnau Professor of Music (Musicology)
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The
NSF ADVANCE Project at the University of Michigan
invites you to attend the Network of Women Scientists and Engineers
Spring Dinner.
The NSF ADVANCE Project at the University of Michigan
is a five-year, grant funded project promoting institutional
transformation in science and engineering fields. The goals
of this program are to improve recruitment and retention of
women faculty in science and engineering and to improve the
institutional climate. The UM ADVANCE Project is housed within
the Institute for Research on Women and Gender.
Please join us for an evening of abundant conversation and
dining as we welcome spring and celebrate our accomplishments
from the past year. As always, we will hope to hear from everyone
about issues ADVANCE might be helping to address.
Thursday, April 21, 2005
6:30 p.m. hors doeuvres
7:00 p.m. dinner
La Piázza by Mediterrano
The Pomegranate Room
2900 South State Street
Please send the included postcard via campus mail to RSVP
or email your RSVP with meal choice to hudgins@umich.edu by
April 14, 2005.
Please RSVP by April 14, 2005
Cynthia A. Hudgins
Program Manager, ADVANCE
204 South State Street
1136 Lane Hall
Ann Arbor, MI 48109-1290
734-647-9359
hudgins@umich.edu
http://www.umich.edu/~advproj/index.html
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Come
support
The victims of the December tsunamis
Best of all Worlds Variety
Show
Friday, April 8th
9pm
UM Coliseum
721 South Fifth Avenue
Ann Arbor, Michigan 48109
Afterparty at Studio 4
Tickets on Sale in the MUG
11 - 4 pm
$8.00
Best of All Worlds is a collaborative
effort,
Sponsored by:
Tsunami Aid, UM Campus Dance Craze, The Office of Greek Life
and the Division of Student Affairs, aimed at raising funds
for the continued relief efforts in SE Asia and Africa.
Performances include:
Element One, The Raas Team, Pure Dance Extreme, Allure,
Climax, Gayathri, Cooperative Opposites and more!!
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The University of
Michigan and
the University of Cape Town, South Africa,
will host the 2-day symposium
Affirmative Action in Higher Education:
The United States and South Africa
Two countries with distinctly different,
yet similar, challenges, the U.S. and South Africa confront
the compelling need to further diversity in higher education
despite significant social, economic, and political challenges.
Each can learn from the other.
April 14 (3-5pm) and April 15 (9am-5:30pm)
U-M Law School, Room 100
--free and open to the public--
SPECIAL SYMPOSIUM LECTURE
"From the Jim Crow South to South Africa: A Journalist's
Journey"
by Charlayne Hunter-Gault
CNN Bureau Chief, Johannesburg, South Africa
April 14, 12-1:30pm,
Rackham
PRINCIPAL SYMPOSIUM PRESENTERS INCLUDE
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William G. Bowen,
President of the Andrew W. Mellon Foundation
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President
of the Mellon Foundation since 1988, Bowen was president
of Princeton University from 19721988, where he
also served as professor of economics and public affairs.
He joined the Princeton faculty in 1958, specializing
in labor economics, and served as provost there from
19671972. Bowen is the author or co-author of
19 books, including most recently Reclaiming the Game:
College Sports and Educational Values (2003) with Sarah
A. Levin, and The Game of Life: College Sports and Educational
Values (2001) with James Shulman. Other recent books
include the Grawemeyer Award-winning The Shape of the
River: Long-Term Consequences of Considering Race in
College and University Admissions (1998) with Derek
Bok.
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Nancy Cantor,
Chancellor and President of Syracuse
University
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In addition to being Chancellor and President, Cantor
is also a distinguished professor of psychology and
women's studies in the Syracuse University College of
Arts and Sciences. Cantor arrived at Syracuse from the
University of Illinois at Urbana-Champaign, where she
was chancellor. She has held a variety of administrative
positions encompassing all aspects of a research university--from
chair of the department of psychology at Princeton to
dean of the graduate school and then provost and executive
vice president for academic affairs at the University
of Michigan. She has been an advocate for racial justice
and for diversity in higher education, and she has written
and lectured widely on these subjects. At Michigan,
she was closely involved in the University's defense
of affirmative action in the cases Grutter and Gratz.
Cantor has also lectured and written extensively on
liberal education and the creative campus. Dr. Cantor
is a fellow of the American Academy of Arts and Sciences
and is a member of the Institute of Medicine of the
National Academy of Sciences.
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Mary Sue Coleman,
President of the University of
Michigan
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Coleman assumed the presidency of the University
of Michigan in 2002, following seven years as president
of the University of Iowa. She is professor of biological
chemistry in the U-M Medical School and professor of
chemistry in the College of Literature, Science, and
the Arts. She has served as provost and vice president
for academic affairs at the University of New Mexico
and as vice-chancellor for graduate studies and research,
and associate provost and dean of research at the University
of North Carolina at Chapel Hill. Elected to the National
Academy of Sciences' Institute of Medicine in 1997,
she co-chaired the IOM's Committee on the Consequences
of Uninsurance. Coleman is a Fellow of the American
Association for the Advancement of Science and of the
American Academy of Arts and Sciences. Her extensive
leadership positions in higher education include serving
on the Association of American Universities executive
committee, and the boards of directors of the American
Council on Education, the National Collegiate Athletic
Association, and the Knight Commission on Intercollegiate
Athletics.
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Charlayne Hunter-Gault,
Bureau Chief and Correspondent,
CNN, Johannesburg, South Africa
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Hunter-Gault joined CNN in 1999 from National Public
Radio, where she had served as NPRs chief correspondent
in Africa. Prior to NPR, she was with PBS for 20 years,
where she was a national correspondent for The NewsHour
with Jim Lehrer. During that time she also anchored
the award-winning Rights and Wrongs, a television newsmagazine
on human rights. She began her career as a reporter
for The New Yorker, worked as a local news anchor for
WRC-TV in Washington, D.C., and reported for The New
York Times for ten years, including two as the Times
Harlem bureau chief. During her association with The
NewsHour, she earned two Emmys, and two Peabody Awards
one, for excellence in broadcast journalism for
her work on Apartheid's People, a NewsHour series on
South Africa; the other for general reporting on Africa
in 1998. Hunter-Gault is recipient of several additional
honors and awards, including more than two-dozen honorary
degrees; the 1986 Journalist of the Year Award from
the National Association of Black Journalists; the 1990
Sidney Hillman Award; the American Women in Radio and
Television Award; and two awards from the Corporation
for Public Broadcasting for excellence in local programming,
among many others. The first African American woman
to graduate from the University of Georgia (1962), Hunter-Gault
is author of In My Place (1992), a memoir about her
experiences at that time.
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Michael McPherson,
President of the Spencer Foundation
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A nationally known economist and former president
of Macalester College, whose expertise focuses on the
interplay between education and economics, McPherson
spent the 22 years prior to assuming the Macalester
presidency as professor of economics, chair of the Economics
Department, and dean of faculty at Williams College
in Williamstown, Massachusetts. McPherson, who is co-author
and editor of seven books, including Keeping College
Affordable and Economic Analysis and Moral Philosophy,
is the co-founder and co-editor of Economics and Philosophy.
He serves as a trustee of the College Board and the
American Council on Education. McPherson was a Fellow
of the Institute for Advanced Study and a Senior Fellow
at the Brookings Institution.
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Yvonne Mokgoro,
Justice of the Constitutional
Court of South Africa
(South Africa's highest court)
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Mokgoro was appointed to the Constitutional Court,
the supreme judical body of South Africa, in October
1994. Previously, she served as Associate Professor
at the University of the Western Cape (19921993),
from where she moved to the Centre for Constitutional
Analysis at the Human Sciences Research Council, serving
as Specialist Researcher (Human Rights).
Mokgoro obtained the B.luris degree at the University
of the North West (1982), the LLB degree (1984), and
completed her LLM (1987). She also attended the University
of Pennsylvania, where she was awarded a LLM degree.
After completion of her LLB, she was appointed maintenance
officer and public prosecutor in the then-Mmabatho
Magistrate's Court. Subsequently, she was Lecturer
in the Department of Jurisprudence (1984) at the University
of the North West, where she rose through the ranks
to Associate Professor.
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Njabulo Ndebele,
Vice-Chancellor, University
of Cape Town
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Prior to assuming the vice-chancellorship in 2000,
Ndebele was a Resident Scholar at the Ford Foundation
(19982000), vice-chancellor and principal of
the University of the North and previously served
as vice rector of the University of the Western Cape.
Earlier positions included chair of the Department
of African Literature at the University of the Witwatersrand,
and provost, dean and head of the English Department
at the National University of Lesotho. His book Fools
and other Stories, a chronicle of life in a black
township under apartheid, was the joint winner of
the SANLAM prize for outstanding fiction in 1986,
and received the Noma award for the best book published
in Africa in 1983. His highly influential critical
essays were published in a collection called South
African Literature and Culture: Rediscovery of the
Ordinary. Another major publication, a collection
of all his essays since 1992, is forthcoming.
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These and many other authoritative
presenters from the U.S. and South Africa will
participate in 5 topic panels, each of which
will include an extended panel-audience discussion
period. Panel topics include:
The Challenges Viewed in a Comparative Perspective
The Case for Affirmative Action in Higher Education
Implementation Challenges to Existing Programs
Evaluating the Results of Affirmative Action
in Higher Education
The Road Ahead
For the detailed symposium
schedule and additional information on content
and presenters:
www.umich.edu/pres/sa
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