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Minnesota's first Black-led community foundation gives first-time grants of more than $1 million
Foundation: Minneapolis Foundation
"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
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A customized collection of grant news from foundations and the federal government from around the Web.
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Philanthropy News from...
United Nations Foundation
Carnegie Corporation of New York
MacArthur Foundation
Community Giving Foundation
National Philanthropic Trust
Rockefeller Foundation
Winthrop Rockefeller Foundation
Chester County Community Foundation
Community Foundation of the Central Blue Ridge
Topeka Community Foundation
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