Funding Equity for Black-Led Nonprofits
Black-led nonprofits do more with less — and face real funding gaps. This Give 8/28, your gift can help change that.
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Black-led nonprofits do more with less — and face real funding gaps. This Give 8/28, your gift can help change that.
In celebration of Black Philanthropy Month, the Community Foundation is highlighting the importance of funding equity for Black-led nonprofits.
It is designed to highlight the contributions of Black donors, promote funding equity, and foster dialogue and action around access to capital and community investment.
According to research conducted by the Young, Black & Giving Back Institute, Black-led nonprofits are often grassroots, hyper-local, and grounded in their communities. They do a lot with limited resources, addressing economic security and supporting neighborhoods and families. Yet, they face significant funding disparities, with 24% smaller revenues compared to their white-led counterparts. Additionally, 50% of executive directors of color report a lack of relationships with funding sources, a barrier to securing necessary support.
On Give 8/28, a day of giving on August 28, your donations can help provide the sustainable and equitable funding local organizations need. Explore 300+ Black-led nonprofits at LIVEGIVEmidsouth and make a difference this Black Philanthropy Month.
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