Month: July 2020
Family Foundation Moves Boldly and Urgently To Liberate Funds in Support of Black Lives
Family Foundation Moves Boldly and Urgently To Liberate Funds in Support of Black Lives
As a small, Southern-based family foundation, we were inspired to answer the latest call to action by Black movement leaders in the South and support a new initiative, The Southern Power Fund. Black, Southern organizing continues to receive only 4% of philanthropic dollars. As a family, investing in the Southern Power Fund is a way to interrupt this pattern.
Our grant reflects both the urgency of this moment and the importance of standing alongside and behind Black Southern leaders.
“The Homestead Foundation Moves Boldly and Urgently” by Shannon Cofrin Gaggero, National Center for Family Philanthropy / July 14, 2020
Check out Solidaire member Shannon Cofrin Gaggero’s blog post now up on National Center for Family Philanthropy‘s website urging fellow family foundations to pitch in for the Southern Power Fund.
Read the full post here.
The Movement for Black Lives Is on the Rise—and Funders Are Paying Attention
The Movement for Black Lives Is on the Rise—and Funders Are Paying Attention
On June 8, a group of leaders from the nonprofit and funding worlds held a call on philanthropy’s role in saving Black lives, led by Funders for Justice. Other call organizers included ABFE, Borealis, the Solidaire Network, Resource Generation, the Third Wave Fund and more. Close to 700 people participated, including many members of M4BL. The organizers called on philanthropy to provide the racial justice network with $50 million this year. In 2019, M4BL raised $2.7 million.
…Individuals and networks of individuals have long been the main supporters of the group, including Solidaire, Resource Generation, and the Women’s Donor Network.
“The Movement for Black Lives Is on the Rise—and Funders Are Paying Attention” by Julia Travers, Inside Philanthropy / July 9, 2020
Read the full article here.