Social Impact Insights
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The philanthropy landscape has changed just within the past year. With different causes emerging to the forefront of the news cycle, the priority of philanthropists has also shifted to focus on contributing to issues that have been highlighted since last Spring. The Black Lives Matter movement has been around since 2013, but only recently has there been a surge in donations towards this cause and many other Black-owned nonprofits. Philanthropists have switched gears and invested more of their time and money into nonprofits that support social change, Black communities, and Black leaders.
Businesses Contributing to Social Justice
While the Black community and community of color have faced countless acts of injustice, it took the events of the pandemic and highly publicized murders occurring last year to shine light on many of the issues these communities have been dealing with. Since then, corporations have been taking a role in funding these movements and supporting people in these communities.
The George Soros Foundation pledged to distribute $220 million to organizations and leaders in Black communities. These contributions were spread across a variety of organizations from those that foster civic engagement in Black communities to those working in public safety, incarceration, and the police. This foundation, like others, is dedicated to showing a long-term commitment to supporting organizations that work with social justice-related issues.
Well-known corporations have also stepped in when it comes to donations. Chick-fil-A gifted $5 million in grants to serving black communities and nonprofits. Other business giants have reached out to Black and minority owned businesses to provide support. Netflix pledged to support Black-owned businesses in Los Angeles and PepsiCo planned to invest over $400 million in Black communities and in developing Black leaders, especially at their own company. They committed to making these contributions over the next five years.
Organizations to Invest InThere are plenty of organizations focused in the racial justice sector to contribute to. Many websites like Charity Navigator can help you search for and evaluate nonprofits. They include highly rated charities that promote Black health, education, rights, and community development.
Other nonprofits to donate to include:
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