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The BlackNorth Initiative Receives $1 Million Donation From Fairfax Financial
April 14, 2021 GMT
TORONTO (BUSINESS WIRE) Apr 14, 2021
The BlackNorth Initiative is proud to announce a $1 million donation from Fairfax Financial. This contribution, which will support organizational growth, educational programming and community projects, represents a sustained commitment to empower communities in which they work.
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“On behalf of The BlackNorth Initiative, I would like to thank Prem Watsa and Fairfax Financial for their contribution. It is another example of their belief in our mandate – to combat anti-Black systemic racism in Canada,” said Dahabo Ahmed-Omer, Executive Director, The BlackNorth Initiative.
A new report titled:
Unfunded: Black Communities Overlooked by Canadian Philanthropy, released on December 2, has found that only six of about 40 leading Canadian foundations with assets totalling nearly $16 billion have donated to black-serving organisations.
In fact, only two of those organisations donated to black-serving organisations between 2017 and 2018, the report found.
“The report’s findings are startling, yet unsurprising,” said Rebecca Darwent, working group member of the Foundation for Black Communities (FBC). “For many black leaders within the charitable and non-profit sector, this report only affirms what we already knew, that Canadian philanthropy has turned a blind eye to black communities,” she added.