The Cleveland Black Futures Fund is just one step in a long-term process toward the Cleveland Foundation becoming a more equitable grantmaker.
According to Keisha González, program manager of social impact investing and community development initiatives at the foundation, the social climate of the past year, especially following the murder of Floyd, made for a critical moment where the response had to be commensurate with the movement and push for social justice across the country within the Black community,
As soon as the Cleveland Black Futures Fund was announced, donors came forward, which emphasized the importance of the fund as a mechanism for those who recognized the problem and wanted to be part of the solution but perhaps didn't have the connections or know where to start.
A seven-person committee of community leaders and foundation representatives sorted through more than 220 submissions for the initial application period. Read the Entire Article
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Charlottesville, Virginia resident and sole family breadwinner, Elizabeth James, have always dreamed of opening a tomato sauce manufacturing company. Elizabeth sought help through Kiva City Richmond, an initiative by Kiva.org and Capital One that makes crowdfunded loans available to entrepreneurs in the area who want to start or expand their business.