Program helps foundations fund Black-led nonprofits better

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Program helps foundations fund Black-led nonprofits better
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A new effort to help grantmakers change the way they work so they can better support Black-led nonprofits was announced Monday.

Abundance is a collaboration between three Chicago-area grantmakers, Chicago Beyond, the Grand Victoria Foundation, and the John D. and Catherine T. MacArthur Foundation.

“The Abundance movement to my mind is going from the promise that we’ve been talking about to the practice, and being really intentional and clear and accountable about our grantmaking,” Palfrey says. “None of these things easily happen overnight.” Dozier of Chicago Beyond and Sharon Bush, the president of the Grand Victoria Foundation, were inspired to start Abundance after reading an editorial in a local business newspaper that called on racial-justice protesters to pipe down, otherwise they would lose support from the civic and business communities.Philanthropy, she says, was also part of the problem.

“It’s about how do we fundamentally change practice and our own understanding of how bias creeps into our practices,” Dozier says. “It really is not some scripted thing, but rather truly trying to learn together to do better.”There are no funding targets — the group is simply asking grantmakers that join Abundance give more to Black-led groups. The group plans to track that funding, although Bush and Dozier couldn’t say for certain whether those figures will be public.

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