FORBES: BLACK GIRL FREEDOM FUND INVESTS OVER $4 MILLION IN 68 ORGANIZATIONS, PART OF #1BILLION4BLACKGIRLS CAMPAIGN
May 2, 2022
By Cheryl Robinson
Although more conscientious efforts towards funding for women continue to increase, the statistics are still staggering, especially for Black women. Moreover, looking at the micro-level of financing for women, young Black girls, femmes and gender-expansive youth receive even a smaller amount of monetary support. In 2020, Ms. Foundation for Women released a landmark report sharing the statistics on philanthropic giving for women and girls of color. Black women and girls receive only 0.5% of $66.9 billion from foundations, totaling just $5.48 per woman and girl of color in the United States. As more donors and organizations become aware of the lack of resources available to underserved recipients, more programs, initiatives and grants are created to combat the dire misappropriated funds. Read the full article here.