grants

Five Grants to Help Black-owned Businesses

Grants can help level the playing field by giving Black-owned businesses access to resources that they might not otherwise have, allowing them to expand their operations, hire workers and invest in infrastructure. Here are five grants that are looking to propel the Black dollar.

New Grant Awards to Reach Over 30,000 Youth Annually 

The LA84 Foundation has awarded more than $1.3 million in grants to advance foundation priorities including increasing access to sports, play and movement across Southern California to support childhood well-being and lifelong success. 

Weingart Foundation Announces $8M in Grants for SoCal Organizations

The Weingart Foundation today announced $8 million in grants and investments supporting organizations across Southern California addressing crucial needs in communities of color.

The investments strengthen nonprofit infrastructure in communities and target resources in addressing structural inequities and systemic racism, according to the foundation, which said the grants and program-related investments are the first round of funding for the foundation for fiscal year 2022.

Contracts, Grants and Those Intended to Be Served

It appears that some well known organizations are receiving grants and contracts because of their name recognition rather than a verification as to whether they can perform the needed task.

Wells Fargo Invests in Six Black-Owned Banks

Wells Fargo today announced equity investments in six African American Minority Depository Institutions (MDIs) as part of its March 10, 2020, pledge to invest up to $50 million in Black-owned banks.

Los Angeles County Launches ‘L.A. VS Hate’ Campaign to Challenge Hate Crime Increase

From January through July, the 2-1-1 hotline received 256 calls reporting hate. In response the County is launching the ‘L.A. VS Hate’ Campaign. It is a 3-part strategy to bring the County under one mission of unity, create a system to make reporting hate crime easier, and finally to expand the capacity to act when faced with a hate crime. The campaign uses art inspired programs to uplift the unity in a diversified community. Artists are invited to participate in creative interventions to share a common passion with all residents.  

Los Angeles City Mayor Announced 10-million dollars will be added towards the L.A. Regional COVID-19 Team Recovery Program

With recent shutdowns, small businesses are at high risk of closing for good during this time. Garcetti announced another step forward in helping local businesses and their staff by providing funds, to help solidify their footing during the waves of closing and reopening of the economy. The mayor is working with Council member Curren Price, Council President Nury Martinez, and other public officials to invest an additional 10-million dollars in funds towards the L.A. Regional COVID-19 Team Recovery Program.

President Trump Signs Executive Order on HBCUs

HBCU Presidents Request $25 Billion in Aid from The White House President Trump signed an executive order to focus more attention on Historically Black Colleges and Universities (HBCUs) on Tuesday, February 28. Although HBCUs comprise just three percent of higher education institutions in the U.S., “HBCUs contributed 19 percent of the nearly 9 percent of all bachelor’s degrees in science and engineering awarded to Blacks in 2010,” according to American Institutes for Research (AIR). AIR also reported that “By 2010, approximately 33 percent of all Black students who earned bachelor’s degrees in mathematics and statistics attended HBCUs, and HBCUs produced