Black Wallstreet Grand Rapids (BWSGR) is a startup focused on equitable economic development in eight districts, primarily on the southeast side of Grand Rapids that comprises the Third Ward, but also in a small part of the First Ward. Preston Sain, co-founder of BWSGR on Wednesday, June 1, signed a contract with Grand Rapids-based AQUME Foundation to be BWSGR’s fiduciary partner for its $100 million, 16-year capital campaign. BWSGR’s goal for the capital campaign is to sign 100 organizations as either donors or equity investors that will contribute $62,500 apiece each year for 16 years to reach the campaign’s $100 million goal.

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