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California Black Freedom Fund Sets $100 Million Fundraising Goal

By Ryan Shepard
Feb 8, 2021
The California Black Freedom Fund has set a new goal for the future. The organization is now pushing to raise $100 million from a variety of sponsors. In return, the organization is pledging to use their funds to empower Black-led power-building organizations.
Thus far, the organization has received major funding from both
Priscilla Chan. The couple has invested nearly $35 million into the organization.
Building a better future for everyone starts with centering those who have been politically, socially, and economically marginalized, Chan said.
We support the California Black Freedom Fund and its work to ensure that Black-led organizations and movements have the power, resources, and recognition to continue their missions and make racial equity a reality in California. ....

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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.
“Over the past year, we’ve seen Black communities across the country step up boldly as the conscience of our nation to challenge the status quo,” said Cathy Cha, president and chief executive officer of the Evelyn and Walter Haas, Jr. Fund, a Bay Area philanthropic organization that tackles a broad range of social issues. “The California Black Freedom Fund represents a great opport ....

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Mark Zuckerberg, Laurene Powell Jobs part of $100 million 'California Black Freedom Fund'

More than two dozen philanthropic organizations and corporations on Thursday launched the California Black Freedom Fund, a $100 million, five-year initiative that they say will provide resources to Black-led organizations in the state that are seeking to ....

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Zuckerberg part of $100M 'California Black Freedom Fund' | Taiwan News

2021/02/05 02:24
FILE - In this Sept. 20, 2016, file photo, Facebook CEO Mark Zuckerberg and his wife, Priscilla Chan, smile as they prepare for a speech in San Franci.
FILE - In this Sept. 20, 2016, file photo, Facebook CEO Mark Zuckerberg and his wife, Priscilla Chan, smile as they prepare for a speech in San Francisco. A group of more than two dozen philanthropic organizations and corporations on Thursday, Feb. 4, 2021, announced the “California Black Freedom Fund.” It’s five-year $100 million initiative the group says will provide resources to Black-led organizations in the state aiming to eradicate systemic racism. The 25 funders include the philanthropic groups of Facebook CEO Mark Zuckerberg and his wife, Priscilla Chan, Philanthropist Laurene Powell Jobs as well as JPMorgan Chase. (AP Photo/Jeff Chiu, File) ....

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California Black Freedom Fund launches $100 million initiative to support 'Black-led organizing'

California Black Freedom Fund launches $100 million initiative to support Black-led organizing
• 5 min read
Catch up on the developing stories making headlines.Agustin Paullier/AFP via Getty Images, FILE
The California Black Freedom Fund has set the goal of raising $100 million over the next five years from various sponsors to directly support Black-led power-building organizations, it announced this week.
The initiative has received backing from Facebook CEO Mark Zuckerberg and his wife Priscilla Chan s philanthropic organization, and has amassed an initial investment of some $34.2 million.
Florian Gaertner/Photothek via Getty Images, FILE
In this Feb. 25, 2016, file photo, Mark Zuckerberg, CEO and founder of the social media platform Facebook, and his wife Pricilla Chan pose for a photo before an event in Berlin. ....

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