The Foundation for Black Communities awarded stewardship of $200 million Black-Led Philanthropic Endowment Fund by federal government

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February 2023

The Foundation for Black Communities (FFBC) has been awarded the stewardship of the Black-led Philanthropic Endowment Fund. The investment of $200 million will positively impact Black-led, Black-focused and Black-serving nonprofit organizations and registered charities across the country. The fund will invest in building, sustaining, and expanding transformational initiatives generated by Black communities.

For further details about the endowment fund, click here.

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