By Haleluya Hadero, The Chronicle of Philanthropy, April 26, 2021
The needs of Black women and girls have become a focus of philanthropic efforts as major donors seek to narrow a racial wealth gap and address chronic funding disparities for groups that serve minority women.
This week’s guilty verdicts for Derek Chauvin, the former Minneapolis police officer whose murder of George Floyd sparked global protests against racial inequity, could lend momentum to initiatives from the Ford Foundation, Goldman Sachs, and a group of activists and philanthropic leaders. Collectively, they’re seeking to increase funding to organizations for Black girls and feminists and to enhance economic opportunities for Black women.
Goldman Sachs plans to tailor its investments to education and work-force advancement, among other needs. Two other funds are still assessing how they will disseminate their grants.
Comments (0)