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Warner Music Group Warner Music Group / Blavatnik Family Foundation Social Justice Fund Announces Second Tranche of Grants


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Warner Music Group / Blavatnik Family Foundation Social Justice Fund Announces Second Tranche of Grants
Fund’s First Year of Grantmaking Supports Organizations Investing in Black Communities Worldwide and Prioritizes Selecting Black Business Leaders to Advance Its Mission
The Warner Music Group / Blavatnik Family Foundation Social Justice Fund (WMG/BFF SJF) today announced Ashé Cultural Arts Center, Overtown Youth Center and The Africa Center, as its next grant recipients. These investments further the Fund’s mission of supporting organizations that build more equitable communities and create real change in the lives of historically underserved and marginalized populations – with heightened attention to Black communities.

Florida , United-states , Overtown-youth-center , San-francisco , California , Paul-henderson , Justice-fund , Howard-university-school-of-business , Cultural-arts-center , Africa-center , Howard-university , San-francisco-department-of-police-accountability

Warner Music Group / Blavatnik Family Foundation Social Justice Fund Announces Second Tranche of Grants


Warner Music Group / Blavatnik Family Foundation Social Justice Fund Announces Second Tranche of Grants
Fund's First Year of Grantmaking Supports Organizations Investing in Black Communities Worldwide and Prioritizes Selecting Black Business Leaders to Advance Its Mission
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NEW YORK, May 24, 2021 /PRNewswire/ -- The Warner Music Group / Blavatnik Family Foundation Social Justice Fund (WMG/BFF SJF) today announced Ashé Cultural Arts Center, Overtown Youth Center and The Africa Center, as its next grant recipients. These investments further the Fund's mission of supporting organizations that build more equitable communities and create real change in the lives of historically underserved and marginalized populations – with heightened attention to Black communities.

Florida , United-states , Overtown-youth-center , San-francisco , California , Paul-henderson , Kristal-mckanders-james-steven , Justice-fund , Howard-university-school-of-business , Cultural-arts-center , Africa-center , Howard-university

WMG's Social Justice Fund Names Grant Recipients


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Warner Music Group's social justice fund in partnership with the Blavatnik Family Foundation announced its second round of grant recipients on Monday (May 24), choosing to support South Florida youth development program Overtown Youth Center, New York-based institution The Africa Center and the New Orleans-based Ashé Cultural Arts Center, which focuses on the African diaspora.
The three organizations were chosen for their missions to "build more equitable communities and create real change in the lives of historically underserved and marginalized populations -- with heightened attention to Black communities," according to a press release.
"Over the past year, we’ve been developing a targeted grant-making strategy focused on three key pillars --  education, criminal justice reform, and arts and culture -- in order to optimize our impact and reach," said

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Billboard's 2021 Top Business Managers


Billboard’s 2021 Top Business Managers
Billboard
2/22/2021
Billboard Staff
The music industry’s leading business managers serve as financial advisers, tax accountants and fiscal therapists for artists and executives alike — and they have long preached the importance of saving for a rainy day. But what if the storm lasts for a year?
In 2020, as revenue from live touring halted, traditional recording sessions ceased and marketing meetings moved to Zoom, the roles of business managers became more crucial than ever. “This year has been a bit of a roller coaster,” says Sally Velazquez, owner of Empower Business Management.
Business managers helped their clients financially survive the pandemic by revising cash flow projections, focusing on long-term plans and exploring new revenue sources, including song catalog sales in a red-hot market. When necessary, they applied for government aid available under the CARES Act and subsequent legislation — “a gigantic fire drill,” says veteran money manager Bill Vuylsteke.

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