Thisarticlewas produced by Capital & Main.
It is co-published by Rolling Stone with permission.
Its a familiar story.
A crowd of protesters walk from the Capitol building to the White House during a peaceful protest against police brutality and racism, on June 6, 2020 in Washington, D.C.Jose Luis Magana/AFP/Getty Images
What this means is that in 2024, Black nonprofits say funders and foundations are in retreat.
They are either reducing racial equity granting or watering down the language of Blackness and anti-racism or both.
The fate of racial equity funding is at a serious crossroads an inflection point.
Taking such an unapologetically pro-Black stance carries risk, for foundations but more so for nonprofits.
Do we fear losing money?
Yes of course, she said.
But we have to do this.
The rights agenda is white supremacy and fascism.
This is not just an attack on Black folks, its an attack on democratic principles.
But he said the moment leaves him no choice.
Of course, that increase was not nearly enough.
You cant talk about closing the opportunity gap without talking explicitly about race.
Fearless was sued by a conservative group last August that alleged it was practicing discrimination.
In May, a federal appeals court upheld an injunction suspending Fearless grant program.
The courts have caught up with them, he said.
Martin Luther King said we have an obligation to follow moral law, she said.
Founders need to follow that morality.
Time to call them to the carpet.
