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In the last two decades, only 10 percent of philanthropic dollars have gone to organizations led by people of color, while giving by foundations has risen by nearly 400 percent. Robin Hood believes that working to change this dynamic is the most important step that it can take at this time.
The Power Fund: Investing in Leaders of Color will increase Robin Hood's funding to organizations fighting poverty so that it can expand access to private capital for nonprofit leaders of color who are working to support New Yorkers on pathways to sustainable mobility from poverty. Through this work the fund can help address the interplay of racial injustice and economic injustice.