The Ford Foundation has announced a commitment of $15 million to help launch a new philanthropic fund focused on efforts to address key issues impacting Black women.
Developed and led by a core group of Black feminists at the nexus of feminist organizing, advocacy, and philanthropy, the Black Feminist Fund (BFF) will work to increase the resources available to grassroots feminist organizations in Africa, North America, Latin America, the Caribbean, and Europe serving Black women and girls and transgender, intersex, and gender non-conforming individuals. To that end, BFF will provide flexible, long-term, low-barrier support, including start-up funding, to Black feminist organizations; support efforts to build an informed base of Black women funders and donors committed to directing more and better funding to Black feminist causes; and grow the field's knowledge base by creating a resource hub for Black women activists, philanthropists, allied donors, and civil society.
Financed with proceeds from the social bond issued by Ford in 2020, the investment in Black women is in addition to the foundation's ongoing support for organizations working to advance racial and gender equality.
"The Black Feminist Fund emerged from decades-long conversations with Black feminists around the world wanting to remove one of our steepest barriers — funding," said BFF co-founder Hakima Abbas. "Black feminists are changing the world and we deserve resourcing that matches the boldness of our visions. The fund will help make that a reality, and we're grateful to Ford for supporting this work."