Black-led Nonprofits Missed Promised Funding Boosts After 2020 Racial Reckoning
Despite widespread pledges and increased donations from American companies and major climate funders following the 2020 racial reckoning sparked by George Floyd's murder, new research indicates that Black-led nonprofits have not received lasting financial support. While there was initial hope to narrow the racial wealth gap and bolster historically underfunded organizations, including HBCUs, these gains proved temporary for many groups. The article highlights the disparity between public promises and actual long-term funding outcomes. Featuring Asiaha Butler, co-founder of the Resident Association of Greater Englewood in Chicago, the report underscores the ongoing struggle of these organizations to secure sustainable resources years after the initial surge of solidarity.
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Black-led Nonprofits Missed Promised Funding Boosts After 2020 Racial Reckoning
Despite widespread pledges and increased donations from American companies and major climate funders following the 2020 racial reckoning sparked by George Floyd's murder, new research indicates that Black-led nonprofits have not received lasting financial support. While there was initial hope to narrow the racial wealth gap and bolster historically underfunded organizations, including HBCUs, these gains proved temporary for many groups. The article highlights the disparity between public promises and actual long-term funding outcomes. Featuring Asiaha Butler, co-founder of the Resident Association of Greater Englewood in Chicago, the report underscores the ongoing struggle of these organizations to secure sustainable resources years after the initial surge of solidarity.
AP News