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Inaugural Fund Updates: LUNAR Giving Circle & Fund

Submitted by Nadia Elokdah on February 7, 2022

"Using learnings from the Giving Circles," LUNAR Co-Founders/Directors Yichen Feng and Sabrina Wu write in their recent announcement, "we are building a $20M+ integrated capital fund. Rooted in solidarity, racial justice, and trust, we will deploy patient, flexible, integrated capital to Black and Indigenous-led organizations, businesses, and community developments."

LUNAR, a vehicle for Asian American solidarity and participation, announced the start of Phase II - Lunar Fund, a solidarity fund for collective liberation between Asian American and Black and Indigenous communities. LUNAR is building infrastructure to launch a $20M, Feng and Wu share, "that will move integrated capital according to the principles of LUNAR's Giving Circle at scale-community decision-making, reparations framework, and cross-racial solidarity funding."

Watch the LUNAR update video here and learn more about the inaugural LUNAR Giving Circle here.