The Bush Foundation is borrowing money for the first time to spend an unprecedented $100 million on addressing wealth gaps among Native Americans and African Americans.
The St. Paul-based foundation, one of the largest in Minnesota, announced Monday that it will disburse double the amount of funding it ordinarily grants each year. Not only that, it will allocate the money directly to Black and Native American individuals through community-based groups.
To do so, Bush is taking on debt — a rare m