New York, NY (March, 25, 2021) — Today, the Ford Foundation announced its commitment of $15 million in seed funding to help launch the Black Feminist Fund, a new philanthropic fund developed and led by a core group of Black feminists who sit at the nexus of feminist organizing, advocacy, and philanthropy globally. Ford’s initial investment will be vital to help jumpstart the fund’s work to create a network of support around key issues that impact Black women around the globe.
The Ford Foundation’s $15 million seed investment is from the proceeds of the foundation’s unprecedented social bond launched in 2020 in response to the pandemic. The new funding to the Black Feminist Fund is in addition to Ford’s ongoing support for organizations working to advance racial and gender equality around the world. The foundation’s increased commitment recognizes that Black women have been disproportionately affected by the pandemic.[…]
The Black Feminist Fund will provide grants to organizations in Africa, North America, Latin America, the Caribbean and Europe, and whose work benefits and engages Black women, girls, trans, intersex and gender non-conforming people. The Fund will also serve as the first global resource hub for Black feminist organizing and philanthropy. As a networking vehicle, it will connect Black women donors and their allies to organizations rooted in Black feminist principles and centered on Black women and their intersecting communities.[…]
Fuente: Ford Foundation