If you want to fix institutional racism in the US you need to fix social mobility because that's the primary mechanism by which it gets perpetuated. For that you need educational status of the parents and their tax declarations, not skin colour. You need to stop financing schools from local taxes so primary and secondary education is as good or better in poorer areas instead of having quotas lowering standards for people who got a worse education because they live in the wrong neighbourhood. You need free tertiary education.

Focussing on race is a convenient way to ignore actually addressing the issue and instead continue to deepen societal rifts and to breed resentment among non-racialised disenfranchised people.