$200 MILLION ENDOWMENT FOCUSED ON BLACK AMERICANS IS TAKING SHAPE
- Shantay Davies-Balch
- Jul 10
- 1 min read
The Chronicle of Philanthropy | July 10, 2025 | By Alex Daniels
This article highlights the newly independent Black Freedom Fund and its goal to build a $200 million Black-led endowment. BLACK Wellness & Prosperity Center is one of the featured grantee organizations, recognized for our work advancing Black maternal and infant health in California.
"Philanthropy needs to act quickly by unleashing more money in grants to support areas like litigation, public advocacy, and the replacement of lost federal funds, said Glenn Harris, president of Race Forward, a nonprofit racial justice advocacy group. But, he said, lasting institutions that can respond to future challenges are also needed...Another grantee, the Black Wellness & Prosperity Center in Fresno, has scored policy wins, including a statewide increase in Medi-Cal reimbursement rates for doulas, almost doubling the previous rate paid by the state per birth."
Read the full article here