Black Philanthropy Circle Awards $250K To 10 Baltimore Organizations


Foundation: Baltimore Community Foundation

credit: Flickr

"We want to be a bridge, not a chasm, extending our networks and our resources," says Savonne Ferguson, a co-founder of the Black Philanthropy Circle fund, which last week awarded a total of $250,000 to its first round of grant recipients.

The Baltimore Community Foundation's Black Philanthropy Circle fund last week awarded a total of $250,000 to its first round of grant recipients, the Baltimore Sun reports.

The 10 organizations include ABC Park Seminoles Sports Agency, Baltimore Hunger Project, Community Housing Associates, Blight BmoreHTP Homes, Inc., REIAM, STEM Center of Excellence, Inc., UMB CURE Scholars ProgramWeekend Backpacks, and more.

"While ten organizations make up the first round of grantees, it's important to call attention to the fact that there are many amazing organizations in our community doing work that is worthy of investment and in need of support," says Alicia Wilson, the co-founder of Black Philanthropy Circle and vice president for economic development at Johns Hopkins University and Johns Hopkins Health System.

The Black Philanthropy Circle fund was founded in 2021 by more than 30 black business and civic leaders as a donor-advised fund.

It's housed at the Black Community Foundation, which was founded in 1972 to "build a better Baltimore."

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Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.