(Bprw) The Ie Black Equity Fund Raises an Historic $6 Million to Build and Sustain the ...

credit:

"We must remain vigilant on our journey towards progress."

So said Dr. Bob Ross, president and CEO of the California Endowment, as he announced a $1 million donation to the Inland Empire Community Foundation's Black Equity Fund to help close racial equity gaps in education, health, employment, and housing in California's Inland Empire.

The fund, launched in 2020, has raised $6 million since its inception, Black PR Wire reports.

"I'm thrilled to witness the outpouring of support and enthusiasm for the IE Black Equity Fund," says Pastor Sam Casey, co-founder of the Black Equity Initiative of the Inland Empire.

"Remarkably, we exceeded our original $5 million goal."

The IE Black Equity Fund was created by the Black Equity Initiative of the Inland Empire, a coalition of nonprofit leaders "whose work is focused on ending systemic racism and building political and economic power for the Black community," per a press release.

Since its inception in 1941, the fund has awarded $1.7 million to 71 organizations and fiscally-sponsored projects, per Black PR Wire.

Since its launch, the fund has helped close equity gaps in education, health, employment, and housing in the region, which includes parts of San Bernardino and Riverside counties.

"We are so appreciative of those who gave generously to support

Read the Entire Article

A customized collection of grant news from foundations and the federal government from around the Web.

How's Your Community Doing?
Check Out it's
Community Vital Signs

Social Entrepreneur: Western Charities Must Empower African Business

Haril Kazindra and wife Andrea are the co-founders of Musana, a community development NGO that runs 19 social enterprises across Uganda.Musana has offices in Denver and London and employs 700 staff,...more

Kosciusko County Goes 'All in' With New Countywide Initiative For Economic and Community Growth
Foundation: Lilly Endowment

All In Kosciusko exists to promote and accelerate the economic and community development already happening across the county.Concerns about economic diversification, talent retention and quality of...more

Bill Gatton Foundation

The Bill Gatton Foundation supports K-12 and higher education, health, and community development in Kentucky, Upper East Tennessee, and Southwest Virginia.Large education grants include $13.5 million...more

Local Organizations Win $9 Million For New Affordable Housing, Social Services

Local organizations win $9 million for new affordable housing, social services.Connecticut's Community Investment Fund grants come amid a deluge of cuts to federal funding.The fund was established in...more

Kindness and Philanthropy Feeding People in Tahoe
Foundation: Parasol Tahoe Community Foundation

Parasol Tahoe Community Foundation has proudly supported Bread & Broth for the past 10 years.In 2024, the Community Foundation was able to introduce the mission of Bread and Broth to a donor who is...more

Latino Community Foundation Awards $3.88M in Grants Across California and Nevada
Foundation: Latino Community Foundation

Latino Community Foundation Awards $3.88M in Grants Across California and Nevada.NewsBreak: Latino Community Foundation awards $3,000,000 in grants across California andNevada.Newsbreak: $1.5 million...more

Beyond Philanthropy: Alejandro Betancourt Lopez's Vision of Impact-Driven Business Development

Alejandro Betancourt Lopez rejects traditional corporate social responsibility models that separate business operations from community impact.Rather than limiting community engagement to corporate...more

Thoughtful Philanthropy For A Happier Community

Thoughtful giving isn't just about making a donation, it's about creating meaningful impact.Community foundations exist to connect generosity with need, ensuring that charitable giving is both...more

Nonprofit Finance Fund Hires Kareem Thomas As Chief Credit Officer

Kareem Thomas most recently served as Chief Credit and Lending Administration Officer at Reinvestment Fund.Bhavani Daryanani has more than 20 years of experience in the sector, bringing deep...more

Secu Foundation Honored With Ccuf Hero Award For Partner in Philanthropy

SECU Foundation has been named a recipient of the 2024 Carolinas Credit Union Foundation Hero Award for Partner in Philanthropy.The SECU Foundation promotes local community development in North...more