# EMPOWERING DIVERSE ENTERPRISES INC

EMPOWERING DIVERSE ENTERPRISES INC is an Endowment / Foundation based in BROOKLYN, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** BROOKLYN, United States
- **Address:** BROOKLYN, United States
- **Assets under management:** $5 billion
- **Website:** https://edenow.org/

## Regulatory record

- **Reports private funds:** No

## About

Empowering Diverse Enterprises Inc (Édé) is a Brooklyn-based institutional endowment and nonprofit with $5 billion in AUM that provides fiscal sponsorship, capacity building, and strategic support to diverse entrepreneurs, worker-owned businesses, and community-driven enterprises. Its focus areas include worker ownership, climate resilience, housing equity, and community health. Édé's leadership co-founded The Drivers Cooperative, the first worker-owned ride-hailing cooperative in the United States, which organized over 10,500 NYC drivers and generated $6.1 million in revenue in its first year. The organization has also been involved in policy development, co-developing the Green and Accessible Transition Authority (GATA, S5552), landmark EV transition legislation in the New York State Senate. Édé engages in coalition advocacy around $3 billion in health-related social care funding through the Commission on the Public's Health System. Its leadership brings cross-sector expertise spanning labor, cooperative development, health equity, housing justice, transportation finance, and community partnerships.

## Sectors

- Institutional Investor
- Endowment / Foundation
- United States

## Questions

### What is Empowering Diverse Enterprises Inc (Édé)?

Édé is a Brooklyn-based institutional investor and nonprofit endowment with $5 billion in AUM that provides fiscal sponsorship, capacity building, and strategic support to diverse entrepreneurs, worker-owned businesses, and community-driven enterprises.

### What sectors does Édé focus on?

Édé focuses on worker ownership, climate resilience, housing equity, and community health, supporting enterprises and initiatives that advance economic and workforce development in underserved communities.

---

Last updated: 2026-07-13T08:15:43.000Z

Canonical page: https://altss.com/profile/empowering-diverse-enterprises-inc

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology