New program delivered by Nonprofit Finance Fund provides financial expertise and coaching to a diverse group of nonprofit leaders as they adapt and rebuild from impacts of COVID-19.
The Neighborhood Equitable Recovery Fund is a partnership between the Office of Community Empowerment and Opportunity (CEO) and Bread & Roses Community Fund that will support grassroots neighborhood nonprofit organizations that serve communities of color and those with low incomes, which have been hardest hit by the COVID-19 pandemic.
With a lead gift from Facebook’s $20 Million “Supporting Black Communities” National Initiative, the new fund will fortify Black-led nonprofit organizations serving Black communities in Greater Philadelphia.
Following the launch of the Black Community Leaders Fund on May 13th, we asked Philadelphia Foundation's Phil Fitzgerald, Executive Director for Grantmaking to give us some insights about how and why the fund was created and what the foundation hopes to achieve through this initiative.
