Program helps foundations fund Black-led nonprofits better - New York Amsterdam News

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Program helps foundations fund Black-led nonprofits better - New York Amsterdam News
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A new effort to help grantmakers change the way they work so they can better support Black-led nonprofits was announced this week.

Abundance is a collaboration between three Chicago-area grantmakers, Chicago Beyond, the Grand Victoria Foundation, and the John D. and Catherine T. MacArthur Foundation.

The MacArthur foundation will provide funding and support as needed, says John Palfrey, the foundation’s president. Palfrey says he was drawn to the program in part because of MacArthur’s recent efforts to include justice as a part of its decision making in all of its grantmaking. He hopes the foundation’s involvement will show others in philanthropy that a big global foundation can also participate in this effort.

Mueller says that right now, grantmakers are interested in giving to groups led by people of color, in large part because of the demands for racial equity in 2020. But their own internal practices sometimes prevent them from doing that effectively. She says Echoing Green has been approached by corporations and foundations that want to give to Black-led nonprofits. They generally want to fund larger groups that have a long history.

Dozier of Chicago Beyond and Sharon Bush, the president of the Grand Victoria Foundation, were inspired to start Abundance after reading an editorial in a local business newspaper that called on racial-justice protesters to pipe down, otherwise they would lose support from the civic and business communities.Philanthropy, she says, was also part of the problem.

The goal is to bring together a group of foundations that want to learn about how to include more Black-led groups in their grantmaking and ultimately get more funding out the door to them.

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