The Community Foundation of Greater Huntsville has launched a new, permanent Racial Equity Fund to support “nonprofit organizations who are on the front lines of addressing the issue of racism and inequity in our community.”
“When we tackle existing equity gaps, we will expand opportunities to many people across our community,” foundation CEO and President Melissa Thompson said in a statement today. “Only then can we experience the changes necessary to be a place where all residents can learn, work, and further contribute to a healthy, thriving, and prosperous place to call home.”
The fund will provide grants for work in a specific year and for addressing “the ongoing needs for racial equity,” the foundation said. Fifty percent of donations will be spent each year and 50 percent will be added to the fund’s endowment.
Work in these areas will be funded: criminal justice system, education and job readiness, health and wellness, income and wealth creation, and neighborhoods and communities. The grant cycle for this year opens in July and will be administered by a committee with “more than half of the members representing racial and ethnic minorities," the foundation said.
The fund was started by gifts of $5,000 or more from 20 named donors and other anonymous donors. Click here to see the founding donors and contribute. All donations are welcome, the foundation said.
“Together we take purposeful action to combat the harmful and deeply rooted challenges surrounding racism and inequity that have affected our community for generations,” the foundation said.
Note to readers: if you purchase something through one of our affiliate links we may earn a commission.