The 1803 Fund is a public benefit investment fund founded by Rukaiyah Adams that deploys large scale, patient capital to rebuild generational wealth and well-being in Portland's historically Black communities through real assets, education, and culture. Seeded with a landmark commitment from Phil and Penny Knight, the fund works to reclaim land, enable community ownership, and anchor economic opportunity in neighborhoods like Albina, restoring community control where past urban renewal and displacement stripped it away. Operating across three program areas—place, culture, and education—the fund makes long-horizon investments in housing, commercial space, and community infrastructure designed...
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