More than 150 donors have fueled the growth of The Racial Equity Fund, which is committed to addressing and eradicating racism in all of its forms in Greater Miami. The Miami Foundation seeded this fund in June 2020 with just ,000, and we are inspired to see more than million raised thus far to power serious change in our community. We have now invested in five rounds of grants. We began with small and immediate grants to groups on the frontlines, awards to individuals uniquely poised to advance change, and investments in Black-led arts groups using their craft to address inequities and uplift communities of color. Last year, we awarded nearly million to 19 groups dedicated to the hard, sustained work to change systems that hold racial inequity in place and generate community power, just alternatives and solutions from within. We have prioritized groups that are Black-led at the executive/senior leaders level, rooted in Black communities, and have an intentional systemic focus. They work on shifting policies, laws, practices, resources, and community-led solutions. We are invested in what they do individually and together as an emerging ecosystem. They must have staying power for the long-term focus and attention needed to build a more equitable and just Greater Miami.
Established in 1967, The Miami Foundation is the foundation for people who are passionate about Miami. The Miami Foundation is focused on building a stronger Miami forever. Over the last 50 years we have invested more than half a billion dollars into our community, and we house more than $427 million in assets focused on strengthening Greater Miami.
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