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A new report from the Urban Affairs Coalition reveals that Black-led nonprofits continue to struggle connecting with regional funders despite “racial reckoning.”
An additional $1.5 million in support for the fund also was announced, including contributions from William Penn Foundation ($1million), Wells Fargo ( $250,000), TD Bank ($100,000) and Philadelphia Health Partnership, Santander Bank and the Samuel S. Fels Fund ( $50,000 each).
As part of Philanthropy Network's Mission-Aligned Investing Cohort, philanthropic leaders are learning together how to align their assets with their mission and invest in the community using a racial equity lens.
In its second round of grants, the COVID-19 Prevention & Response Fund made grants totaling $668,885 to 84 individuals and nonprofit organizations working to increase COVID-19 education, vaccine access, health resources, and outreach activities in Philadelphia, Montgomery, Delaware, and Chester counties.
Twenty grassroots organizations and community groups will receive $10,000 grants for general operations; applications were reviewed by residents of Kensington.
As we take our first steps toward some semblance of post-pandemic normalcy, we are at the crossroads of recovery and equity. How we define the success of our recovery is contingent on both our collective ability to move forward and how we actively demonstrate the value of equity.
Hargro suggests four things philanthropy should consider to help us imagine the “next” normal and rebuild a more resilient and just region.
Philadelphia will be among 12 cities targeted by Starbuck’s new $100 million Community Resilience Fund created to advance racial equity and environmental resilience.
As tens of millions of philanthropic dollars were being distributed for emergency COVID-19 response in this region, the William Penn and Lenfest Foundations funded Philanthropy Network and the Center for High Impact Philanthropy to gather and examine data about the relief grantmaking.
During the culminating session of weeklong Forum on Justice & Opportunity convened by Episcopal Community Services, leaders incuding Philanthropy Network prewsident Sidney Hargro shared their thoughts on our next steps for collective action that can provide racial equity during the economic recovery.
