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Ford Foundation Launches 15M Fund to Support Black Women

If you are a woman working on starting a business, have one, or working towards expanding an existing partnership. The Ford Foundation, an independent, nonprofit grant-making organization. For more than 80 years it has worked with courageous people on the frontlines of social change worldwide, guided by its mission to strengthen democratic values, reduce poverty and injustice, promote international cooperation, and advance human achievement.

With headquarters in New York, the foundation has offices in Latin America, Africa, the Middle East, and Asia has proclaimed their assurance of $15 million in seed funding to help launch the Black Feminist Fund, a new philanthropic fund led by Black feminists to fund feminist work.

Their purpose is to significantly increase the resources available to Black feminist movements, contributing to strengthening their sustainability and resilience; create an unprecedented funding mechanism connecting Black women donors to grassroots Black feminist civil society; and to model for the philanthropic sector and beyond, the kind of solidarity funding Black women deserve.

The new global 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.

For more information visit BlackFeministFund.org