The Philadelphia Foundation has created a fund designed to bolster the Black-led nonprofits that serve the region's Black communities.The Black Community Leaders Fund will build on a $1 million contribution from Facebook, which selected the foundation as one of 20 regional partners in its $20 million Supporting Black Communities initiative.
Black-led nonprofits in Philadelphia have less access to financial networks than white-led organizations, according to a report by the Philadelphia African American Leadership Forum and partly funded by the Philadelphia Foundation.
The fund will be increased to $5 million through additional private, foundation and corporate gifts, the foundation said. It will provide select nonprofits with support needed to strengthen their leadership, operations, finances and infrastructure.
Read the Entire Article
A customized collection of grant news from foundations and the federal government from around the Web.
Caroline Diehl is a serial social entrepreneur in the impact media space. She is Executive Chair and Founder of the UK’s only charitable and co-operatively owned national broadcast television channel Together TV, the leading broadcaster for social change runs a national TV channel in the UK and digital platform which helps people find inspiration to do good in their lives and communities.