Comcast NBCUniversal commits $2.5 million to advance racial equity

Comcast NBCUniversal commits $2.5 million to advance racial equity

Echoing Green, a global social venture fund based in New York City, has announced a $2.5 million grant from Comcast NBCUniversal in support of the organization's Racial Equity Philanthropic Fund

Part of Comcast's $100 million pledge to take meaningful action to advance social justice and racial equity, the largest corporate contribution to date to the $50 million fund will support leaders working to dismantle structural racism and build inclusive economies. To that end, the fund, which was launched in August, will support efforts to scale five hundred social enterprises focused on racial equity and provide training and programming for five thousand emerging BIPOC leaders over the next three years; equip thousands of corporate employees with tools they can use to engage in the movement for racial equity; and provide expertise and advice to social entrepreneurs with respect to various business challenges.

"It's more important than ever for organizations to put their dollars to work to drive real progress against racial inequalities," said Echoing Green president Cheryl Dorsey. "I am so encouraged to see commitments that center around justice, equity, sustainability, and abundance as we collectively re-imagine what is required for all people to thrive. Comcast's partnership and contribution to the fund will allow Echoing Green not only to create, but sustain, real change."