IE Black Equity Fund
Funding Amount
Varies
Deadline
Rolling / Open
Grant Type
foundation
Overview
IE Black Equity Fund
Geographic Scope: Inland Empire, California
Purpose: Support for Black-led organizations in the Inland Empire
Funding Goal: $5 million to be raised over two years (as of July 2020)
Background: Announced July 14, 2020, by the Inland Empire Funders Alliance and the Black Equity Initiative of the Inland Empire. The fund uses a trust-based model of philanthropy with members of the Black Equity Initiative participating in the distribution of resources.
Governance: Members of the Black Equity Initiative are part of the decision-making process and get to decide how funds are distributed
Initial Funding Partners:
Fund Type: Accepts gifts from both foundations and individual donors, creating a pooled fund structure
Contact: Celia Cudiamat, Chair of IE Funders Alliance and SVP for Grants and Community Impact at IECF
Focus Areas & Funding Uses
Fields of Work
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