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NBA distributing money for social initiatives

NBA distributing money for social initiatives A new NBA season will tip off Tuesday, but the league s mission to support empowerment for the Black community, as demonstrated in the Orlando, Florida, bubble, hasn t been forgotten. The NBA board of governors in early August announced a $300 million initial contribution to establish the NBA Foundation, dedicated to creating greater economic empowerment in the Black community. The first grants are being distributed from the NBA owners pledge to give $30 million annually over the next 10 years through the foundation. A total of $2 million in inaugural grants for employment and career advancement were announced Thursday.

NBA Foundation announces first $2 million in grant awards

NBA Foundation announces first $2 million in grant awards December 17, 2020 GMT NEW YORK (AP) The NBA Foundation has chosen the initial seven recipients of grants from the newly created group, the first step toward what the league has promised will be at least $300 million in money designed to spur additional economic empowerment in Black communities. Thursday’s seven grant recipients focus on matters such as criminal justice system avoidance for youth; professional job coaching; increasing diversity in media; mentoring and more. The foundation has also selected Greg Taylor as its first executive director. Taylor will assume the role Jan. 4 after more than seven years with the NBA, most recently serving as the league’s Senior Vice President of Player Development.

NBA Foundation announces first $2M in grant awards

NBA Foundation Announces First $2M in Grant Awards Author: Dec 17, 2020 NEW YORK (AP) The NBA Foundation has chosen the initial seven recipients of grants from the newly created group, the first step toward what the league has promised will be at least $300 million in money designed to spur additional economic empowerment in Black communities. Thursday’s seven grant recipients focus on matters such as criminal justice system avoidance for youth; professional job coaching; increasing diversity in media; mentoring and more. The foundation has also selected Greg Taylor as its first executive director. Taylor will assume the role Jan. 4 after more than seven years with the NBA, most recently serving as the league’s Senior Vice President of Player Development.

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