Four organizations with Black leaders say donors new and old stepped in after the George Floyd protests. Here’s how they’re spending the funds.
For years, nonprofits focusing on Blacks have struggled for funding, but in less than four months, that’s changed dramatically.
The $6.5 billion committed to achieving racial equity this year is nearly double the $3.3 billion raised for that purpose in the prior eight years combined, according to Candid, which tracks and analyzes global philanthropy, using tax filings and media sources. All but about $35 million of this year’s funding has been pledged since the May 25 death of George Floyd.
That pace has already slowed, according to Candid, falling to $1.6 billion in August from a peak of $2.5 billion in June. But the amount of new funding and the choice of recipients signify a change. Many of the grants are going specifically to nonprofits with Black leaders, reflecting a view gaining traction in philanthropy that the people closest to communities and their problems are in the best position to fix them.
The influx of donations has been an unanticipated boon to a lot of those organizations. Here’s how four organizations with Black leaders who received donations are spending them.Lorenzo Lewis, CEO, founded this nonprofit in 2016 to help improve the mental health of men and boys of color by training Black barbers to be mental health advocates. The agency began in Little Rock, Ark., where Mr.
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