King-Tisdell Cottage Foundation holds new board member reception
SAVANNAH, Ga. (WSAV) – On Sunday, June 8, the King-Tisdell Cottage Foundation marked a significant milestone in its 40-year legacy of preserving and promoting Savannah's African American history, culture, and community leadership.
The foundation hosted a New Board Member Reception and Open House at the historic Beach Institute African American Cultural Center.
Chairman Jerry Q. Greene, Sr., spoke to those in attendance about the foundation's guiding purpose, stating, 'History teaches us how people who looked like us solved similar problems in the past.'
With their generous support, many in attendance were inducted into the newly established 'Friends of the Cottage', a dedicated group formed to help secure resources and broaden community investment in the King-Tisdell Cottage Foundation.
'Friends of the Cottage' will serve as an important fundraising and advocacy arm for the foundation by supporting its preservation efforts, educational programming, and cultural initiatives, including exhibits like 'The Art of Richard Law' and 'Priced Out', a collaborative project with Housing Savannah and SCAD Serve.
Guests were also treated to a guided tour of both the Beach Institute and King-Tisdell Cottage, allowing them to experience firsthand the rich legacy of African American entrepreneurship, education, and resilience.
For more information about the King-Tisdell Cottage Foundation or to become a Friend of the Cottage, please visit click here or call 912-335-8868.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
15 hours ago
- Yahoo
Byron Allen Reaches Settlement in $10 Billion Lawsuit Against McDonald's Over TV Advertising
Allen Media Group chief Byron Allen has reached a settlement in the $10 billion lawsuit that he filed in 2021 alleging the fast food giant discriminated against Black-owned media companies in its TV advertising expenditures. Terms of the settlement were not disclosed. The deal averts a trial that had been scheduled to begin in federal court in Los Angeles next month. The sides announced the agreement in a joint statement issued late Friday. More from Variety 'Comics Unleashed' Returns to CBS Late-Night Schedule Following 'Midnight' Cancellation Facing Backlash Over Firing Its Meteorologists, Allen Media Group Learns an Important Lesson: Take the 'Local' Out of Local TV At Your Own Peril Federal Judge Says Byron Allen's $10 Billion Lawsuit Against McDonald's Can Proceed to Trial 'We are pleased that Mr. Allen has come to appreciate McDonald's unwavering commitment to inclusion, and has agreed to refocus his energies on a mutually beneficial commercial arrangement that is consistent with other McDonald's supplier relationships,' McDonald's USA said in a statement. 'Our company's unique three-legged stool model relies on mutual respect, and we look forward to ESN's contributions to the betterment of our system.' Allen's suit hinged on his assertion that McDonald's habit of buying ad time on media outlets that target Black viewers was discriminatory because those purchases were made from a budget set aside for what the complaint described as 'the African American tier' of outlets. Allen's suit argued that the practice was damaging to Black media owners because that tier had more limited dollars available than the general tier that the company used for reaching broad-based audiences on the largest networks and platforms. The suit was filed by Allen Media Group's Entertainment Studios and Weather Group units. 'We are pleased to find a resolution that maintains our business relationship,' Allen said. 'During the course of this litigation, many of our preconceptions have been clarified, and we acknowledge McDonald's commitment to investing in Black-owned media properties and increasing access to opportunity. Our differences are behind us, and we look forward to working together.' More to come Best of Variety New Movies Out Now in Theaters: What to See This Week 'Harry Potter' TV Show Cast Guide: Who's Who in Hogwarts? 25 Hollywood Legends Who Deserve an Honorary Oscar
Entrepreneur
a day ago
- Entrepreneur
How Banking App Chime Went From Broke to IPO Billions
Chime is a banking app that says it is definitely not a bank. Banking app Chime was valued at around $12 billion (and reaching up to $18 billion) on Wednesday, after making its debut on the Nasdaq index. It was boosted by the company reporting $1.3 billion in revenue in 2023 and $1.7 billion in 2024, according to an SEC filing. But the journey to profitability (Chime became profitable in the first quarter of 2025) and an IPO wasn't a slam dunk. The company's original CTO told TechCrunch that they were actually broke a decade ago and were turned down by at least 100 venture capitalists. Related: JPMorgan Will Fire Junior Bankers Over a Common Practice That CEO Jamie Dimon Calls 'Unethical' "We founded the company in 2012, and the first, really, five or six years was very difficult in terms of convincing investors to invest in the idea and the business," the company's original CTO and co-founder, Ryan King, told TechCrunch. It was just way, way harder than I expected." King, who is currently a board member and a principal shareholder, added: "In the beginning of 2016, specifically, we were trying to raise an extension to our Series A and we pitched 100 investors, maybe more, and got 100 no's." Attendees celebrate during the Chime Financial Inc. initial public offering at the Nasdaq MarketSite in New York, US, on Thursday, June 12, 2025. Victor J. Blue/Bloomberg via Getty Images Eventually, Chime got an investment from one seed investor who "took a bet" on the company, King said. Per TechCrunch, it was Lauren Kolodny, currently a co-founder of Acrew Capital. Kolodny was on the podium to help ring the opening bell at Nasdaq on IPO day. Related: What You Need to Know Before Investing in a Company That's Preparing to Go Public Meanwhile, Chime CEO Chris Britt told CNBC that the company's success is due to its loyal user base. "Two-thirds of our customer base use us as their direct deposit account and primary account relationship," Britt told CNBC. "Sometimes for people, it takes a change in life — a change in their career, a job change — to be the point in time when they actually make the switch and use us as a primary bank account," he added.
Yahoo
a day ago
- Yahoo
King-Tisdell Cottage Foundation holds new board member reception
SAVANNAH, Ga. (WSAV) – On Sunday, June 8, the King-Tisdell Cottage Foundation marked a significant milestone in its 40-year legacy of preserving and promoting Savannah's African American history, culture, and community leadership. The foundation hosted a New Board Member Reception and Open House at the historic Beach Institute African American Cultural Center. Chairman Jerry Q. Greene, Sr., spoke to those in attendance about the foundation's guiding purpose, stating, 'History teaches us how people who looked like us solved similar problems in the past.' With their generous support, many in attendance were inducted into the newly established 'Friends of the Cottage', a dedicated group formed to help secure resources and broaden community investment in the King-Tisdell Cottage Foundation. 'Friends of the Cottage' will serve as an important fundraising and advocacy arm for the foundation by supporting its preservation efforts, educational programming, and cultural initiatives, including exhibits like 'The Art of Richard Law' and 'Priced Out', a collaborative project with Housing Savannah and SCAD Serve. Guests were also treated to a guided tour of both the Beach Institute and King-Tisdell Cottage, allowing them to experience firsthand the rich legacy of African American entrepreneurship, education, and resilience. For more information about the King-Tisdell Cottage Foundation or to become a Friend of the Cottage, please visit click here or call 912-335-8868. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
