New Fund Alert! Joint Effort to Invest in Black Power-Building and Organizing in California
Philanthropic organizations and funders launched together the California Black Freedom Fund, a new $100 million initiative to provide resources to Black-led power-building organizations in the state over the next five years.
Co-created with Black leaders and organizers, "the first-of-its-kind fund will ensure that California’s growing ecosystem of locally rooted Black-led organizing efforts have the sustained investments and resources they need to eradicate systemic and institutional racism," details the announcement.
The press release explains: "By creating and accelerating a new statewide ecosystem of Black-led organizations confronting racism and anti-Blackness, this fund aims to effect the culture, policy and systems changes necessary to realize equity and justice in California."
Over the next five years, the California Black Freedom Fund will strategically increase the resources available to Black-led organizations throughout California, prioritizing the courageous and visionary grassroots advocates and organizers leading California as a whole toward systemic transformation.
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