California Foundations Drop $100 Million in "Black Freedom Fund" — The Sacramento Observer
(CBM) – Last week, philanthropic organizations and other funders joined hands to launch the California Black Freedom Fund (CBFF), a new $100 million initiative that will provide resources to Black-led organizations in the state of California over the next five years. Co-created with Black leaders and organizers, the first-of-its-kind fund will ensure that California’s growing ecosystem of local grassroots, Black-led organizing groups have sustained investments that equip them with the resources they need to push back against entrenched forces of systemic and institutionalized racism. “O...