I received an email sharing some eye-opening stats that highlight the ongoing challenges faced by Black-led, Black-benefitting organizations. As a Black founder of a non-profit, I understand firsthand the crucial work needed to address these disparities.
In honor of Black Philanthropy Month this August, I invite you to support Freedom In Me Business Showers and our mission to empower small businesses. Every contribution, regardless of size, makes a difference. Visit www.businessshowers.org to donate today!
Key stats to consider:
- Only 1% of community foundation funding goes to Black-led, Black-benefitting organizations
- 76% of these nonprofits operate on less than $500K annually, with a third surviving on just $30K per year
- 92% of BLBB nonprofit leaders have lived experience
- 43% operate without full-time paid staff
- 86% face challenges accessing major funders
Let's work together to bridge these gaps and create a more equitable future for all. #BlackPhilanthropyMonth #SupportSmallBusinesses #Equality #NonprofitImpact
Executive Director at Dallas Innovation Alliance
3wI'm so grateful for the opportunity to be with you all, thank you for having me and I look forward to it!