Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Capital on the Frontier Measure Better Investing in Racial Equity Beyond Trade-offs Impact en las Americas New Revivalists
Local and Inclusive Climate Finance Catalytic Capital Frontier Finance Best Practices Geographies
Slack Agent of Impact Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Locavesting Entrepreneurship Gender Smart Return on Inclusion Good Jobs Creative economy Opportunity Zones Investing in place Housing New Schooled Well Being People on the Move Faith and investing Inclusive Fintech
Clean Energy Farmer Finance Soil Wealth Conservation Finance Financing Fish
Innovative Finance
Personal Finance Impact Management
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States
Subscribe Log In

Open Society Foundations backs racial justice groups with $220 million

ImpactAlpha, July 13Spurred by the ongoing social mobilization, George Soros’ foundation is placing long-term bets on activists.

The foundation will put $150 million into five-year grants to Black-led racial justice groups including Black Voters Matter Fund, Equal Rights Initiative and Repairers of the Breach, founded by Rev. Dr. William J. Barber II (see, “A minister’s call for moral, as well as economic, revival).

Another $70 million will go to local organizations pushing police and criminal justice reforms. 

“We understood we can place a bet on these activists — Black and white — who see this as a moment of not just incrementalism, but whole-scale reform,” Open Society’s Patrick Gaspard told the New York Times. “If we’re going to say ‘Black lives matter,’ we need to say ‘Black organizations and structures matter.’” 

You might also like...