Racial Equity

Rockefeller Brothers Fund awards $1.5 million to NYC museums

Rockefeller Brothers Fund awards $1.5 million to NYC museums

September 27, 2020

The grants will support exhibitions, programs, residencies, and other projects designed to provide greater visibility and opportunities for artists who are Black, Indigenous, or people of color, as well as for women and LGBTQ artists....

Square to invest $100 million in  underserved communities

Square to invest $100 million in underserved communities

September 25, 2020

The investments include $25 million for deposits in community development financial institutions (CDFIs) and minority depository institutions (MDIs), a $25 million investment in the National Bankers' Association's Keepers Fund, and $25 million in the Local Initiatives Support Corporation’s Black Economic Development Fund....

Fatima Goss Graves named winner of 2020 John Gardner Award

Fatima Goss Graves named winner of 2020 John Gardner Award

September 25, 2020

The president and CEO of the National Women's Law Center has spent her career fighting to advance opportunities for women and girls and empower all people who face gender-based discrimination around the country to stand and speak out....

Princeton receives $20 million from alumni to expand student body

Princeton receives $20 million from alumni to expand student body

September 24, 2020

The gift from Kwanza Jones ('93) and José E. Feliciano ('94) — the largest in the university's history from Black and Latinx donors — will support construction of two adjoining dormitories in one of two residential colleges being built to accommodate an expansion of the student body by about 10 percent....

Citi, Citi Foundation commit $1.15 billion to close racial wealth gap

Citi, Citi Foundation commit $1.15 billion to close racial wealth gap

September 24, 2020

The commitments will support effort to provide greater access to banking and credit in communities of color, increase investments in Black-owned businesses, expand homeownership among Black Americans, and advance anti-racist practices in the financial services industry....

Lilly Endowment awards nearly $62 million to Indiana colleges

Lilly Endowment awards nearly $62 million to Indiana colleges

September 23, 2020

Awarded through the foundation’s Charting the Future for Indiana's Colleges and Universities initiative, the grants will support strategies aimed at better preparing students for the future and ensuring the institutions’ long-term sustainability....

Study finds limited follow-through on corporate commitments to purpose

Study finds limited follow-through on corporate commitments to purpose

September 23, 2020

Funded by the Ford Foundation, the report from KKS Advisors and Test of Corporate Purpose found that companies that signed on to the Business Roundtable's 2019 Statement on the Purpose of a Corporation responded no better than non-signatory companies to the overlapping COVID-19 and racial injustice crises....

MacArthur Foundation awards $25 million toward equitable recovery

MacArthur Foundation awards $25 million toward equitable recovery

September 22, 2020

The first round of awards funded by proceeds from a $125 million social impact bond offering includes fifteen grants totaling $15 million in the area of voting rights and democracy and six grants totaling $10 million in support of communities  impacted by the dual pandemics of COVID-19 and systemic racism....

What we can learn from the Sierra Club's moment of self-reckoning

What we can learn from the Sierra Club's moment of self-reckoning

Garrett Zink September 21, 2020

Admitting that the United States has a racist past and has long ignored structures and systems that are inherently racist is not the same as saying that Americans are rotten to the core, incapable of doing good, or irredeemable; it is, instead, an acknowledgement that we have harmed ourselves and those to whom we have a moral responsibility....

Foundations shifting practices but slow to share power, study finds

Foundations shifting practices but slow to share power, study finds

September 21, 2020

The report from the Council on Foundations, Philanthropy California, and Dalberg Advisors examined changes in practices in the areas of resources, priorities, and internal operations and found that the majority of foundations have yet to take significant steps to share power with their grantee partners....

University of Houston School of Public Affairs receives $6.5 million

University of Houston School of Public Affairs receives $6.5 million

September 20, 2020

The Elizabeth D. Rockwell Center on Ethics and Leadership will serve as a hub where academics, business leaders, community members, and government and policy officials come together to work on timely and substantive issues in the area of ethical leadership....

Black, Latinx, Native American households hit hard by COVID-19

Black, Latinx, Native American households hit hard by COVID-19

September 18, 2020

The report from National Public Radio, the Robert Wood Johnson Foundation, and the Harvard T.H. Chan School of Public Health found that 72 percent of Latinx respondents, 60 percent of African-American respondents, and 55 percent of Native American respondents were experiencing "serious financial problems" as a result of the pandemic....

Million Girls Moonshot launched to close gender gap in STEM fields

Million Girls Moonshot launched to close gender gap in STEM fields

September 17, 2020

A collaboration of the STEM Next Opportunity Fund and the Intel, Gordon and Betty Moore, and Charles Stewart Mott foundations, the Million Girls Moonshot initiative will work to increase diversity and equity in STEM fields by engaging a million school-age girls in engineering and computer science learning opportunities over the next five years....

AMEX pledges $10 million in support of Black-owned small businesses

AMEX pledges $10 million in support of Black-owned small businesses

September 17, 2020

A collaboration between American Express and the National Black Chamber of Commerce, the National Business League, U.S. Black Chambers, and Walker's Legacy, the Coalition to Back Black Businesses will provide grants, training, and other resources to Black-owned small businesses in distressed communities impacted by the COVID-19 pandemic....

3M launches $50 million racial equity effort

3M launches $50 million racial equity effort

September 17, 2020

Aimed at advancing equity in society as well as within the company, the initiative includes a $5 million investment in the United Negro College Fund's scholarship and student support programs....

COVID-19 has set back progress on SDGs, Gates Foundation report finds

COVID-19 has set back progress on SDGs, Gates Foundation report finds

September 16, 2020

Now in its fourth edition, the 2020 Goalkeepers Report found that as a result of the global health emergency — which quickly morphed into interlinked economic, food, housing, and political crises — progress toward the UN’s Sustainable Development Goals has been reversed on nearly all indicators....