Minnesota's first Black-led community foundation gives first-time grants of more than $1 million


Foundation: Minneapolis Foundation

credit:

"Minnesota actually needs a foundation dedicated to what we're calling the genius of Black-led change-a foundation that can outlast the moment of the uprising, a foundation that can be rooted in our culture and our vision for ourselves and our families."

So says Lulete Mola, president of the Black Collective Foundation, Minnesota's first black-led community foundation.

The St. Paul-based foundation is distributing its inaugural grants, giving more than $1 million to 15 nonprofits and for-profit companies, the Star Tribune reports.

The Black Collective Foundation, started by Black philanthropic leaders in 2020 after the murder of George Floyd, is giving a total of more than $1 million to 15 nonprofits and for-profit companies.

Since its creation, the group has raised nearly $5 million, conducted research, and offered training on racial justice philanthropy.

Mola says the foundation doesn't have to look like "the historical model of the wealthy giving to the poor."

"We, as a diverse community, we can actually create a foundation with our vision," she says. "We are also reclaiming the narrative of who we are." Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

Unveiling the 2023 Rolex Laureates: Pioneers of Positive Change

In its 48 years, the Rolex Awards for Enterprise has honored 160 laureates who have "left a lasting impact across 65 countries," the Swiss watch maker says in a press release, and it's now turning...more

Schroders Expands Impact Investing Lineup with New Sdg-Focused Global Equity Fund

"There is no compromise needed on performance." That's what global investment manager Schroders is banking on with its new Schroder International Selection Fund, which aims to generate strong...more

Partner Insight: Global Social Bonds Can Offer More Impact

One of the world's biggest asset managers has launched a new fund that aims to invest in some of the world's poorest countries, the Guardian reports. Called the CT Global Social Bond Fund, it's...more

Veris Wealth Partners Named Finalist for Four 2024 Family Wealth Report Awards

"We're working to push the boundaries of how wealth management can do good in the world, and we're honored to be recognized for making an impact in the industry." Such is the pronouncement of...more

"Impact Investing Is Becoming Increasingly Important"

When Matt Christensen moved to Europe from the US 25 years ago, he hoped to build the business of the US financial portal Motley Fool in Germany. But the dot-com crash changed everything for the...more

Redesigning Business for Sustainability

There's a new way to do business, and it involves less regulation and more social responsibility. That's the message from UN Women, which is calling on 100 of the world's biggest corporations to...more

The Rolex Awards for Enterprise Laureates

A primatologist, a social entrepreneur, a scientist, and a tree-planting activist are this year's recipients of the Rolex Awards for Enterprise, given to people who've gone above and beyond to make...more

8 Reasons Why Entrepreneurship Is Needed Now More Than Ever

If you're looking for a way to give back to your community, Entrepreneur has just the list for you. The list, compiled by the magazine's Global Entrepreneurship Council, includes 10 values for...more

Uk Shared Prosperity Fund Investment Plan

Scottish First Minister Alex Salmond has been a vocal critic of Britain's decision to leave the European Union, and now he's taking his case to the country's highest court. The Guardian reports...more

3 Myths About Franchising That You Need to Stop Believing

"There's no such thing as a semi-absentee owner." That's what Stephen Bialek and Tariq Farid, who have decades of experience working with consumer and franchise brands, tell Entrepreneur in a...more






Social Entrepreneurship
Spotlight



Black Country Social Enterprises Bag SEWM Awards


Social enterprise triumvirate from the Black Country were recognized as the main winners at the Social Enterprise West Midlands (SEWM)-backed event.




Social Sector Jobs

  Education Jobs
  Social Services Jobs
  Fundraising & Development Jobs
  Social Work Jobs
  Executive Director Jobs


Federal Government Grant and Assistance Programs


CHAMPVA | Geriatric Academic Career Awards | HUBZone Program | Overseas Processing Entities (OPEs) for U.S. Refugee Resettlement | Southeast Alaska Economic Disaster Fund | WIA Dislocated Worker Formula Grants | ARRA HEAD START | RITA Hydrogen | | Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy

Edited by: Michael Saunders

© 2008-2024 Copyright Michael Saunders