Last week, philanthropic organizations and other funders joined hands to launch the California Black Freedom Fund (CBFF), a new $100 million initiative that will provide resources to Black-led organizations in the state of California over the next five years.
Everytable, the Los Angeles-based social enterprise seeking to end food inequality by making healthy food affordable, convenient and accessible for all, has received a total of $2.5 million in program-related investments (PRI) from Annenberg Foundation and The California Wellness Foundation (Cal Wellness) to support the development and implementation of a pioneering social equity franchise program. The $1.5 million in funding from Cal Wellness and $1 million from the Annenberg Foundation will allow Everytable to foster economic empowerment among entrepreneurs from marginalized communities. Everytable plans to open 25 franchises owned by entrepreneurs of color from underserved neighborhoods in Southern California over the next five years.
On Wednesday, November 13, 2019, nonprofit Clifford Beers Housing, along with the Annenberg Foundation, The City of Los Angeles, and American Family Housing, held a groundbreaking celebration for Isla Intersections. Isla will provide 53 apartments for individuals who have experienced homelessness, with 10 of these reserved for homeless military veterans.
Mayor Eric Garcetti this month, reached out to Los Angeles’ African American community, in order to give clarity on issues like housing, education and jobs.