Racial Justice Funders Using Trust-Based Philanthropy ssir.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ssir.org Daily Mail and Mail on Sunday newspapers.
New pooled funds seek grants from foundations or individuals, aggregate the money, and give it away. The efforts aim to drive fundamental change by building Black nonprofits’ public-policy muscle.
Philanthropy should stop trying to fit youth movements into their outdated giving practices. Instead, they should provide them with the power and resources to unleash their passion for freedom and justice.
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Clara Benson, founder of a nascent South Carolina nonprofit that connects Black residents with health and wellness resources, got an intriguing call last September.
The caller told Benson to check her email. Her organization, Community Resources for Enduring Wellness, was receiving a grant. The new Southern Power Fund was giving money to Black-led, grassroots groups like Benson’s. The nonprofit didn’t have to apply. The fund already knew about the organization’s work and its potential and wanted to help.
While Benson’s organization, known as CREW, had recently received charity status from the IRS, it had no budget. Benson had compiled a list of Black mental-health care providers in South Carolina, which she posted on social media. The list was in response to requests from people looking for help coping with the racial inequities revealed as a result of the coronavirus pandemic and the police killing of George Floyd.
Resource Generation : How Southern Power Fund upends traditional grantmaking marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.