Black-Led Nonprofits Didn't See the Lasting Funding Boosts Promised After 2020's Racial Reckoning

Black-led nonprofits didn't see the lasting funding boosts promised after 2020's racial reckoning

New research reveals that financial gains for many Black-led nonprofits after George Floyd's murder were short-lived.

Black Nonprofits Didn’t See Lasting Funding Gains After 2020 Racial Reckoning

Source: The San Diego Union-Tribune / Getty After the deaths of Breonna Taylor, Ahmaud Arbery, and George Floyd in 2020, there was a nationwide “racial reckoning.” There were protests, social media campaigns, and pledges from several companies to invest in Black businesses and nonprofits in a show of solidarity. Apparently, all that “solidarity” was a performance, as Black-led nonprofits haven’t received any long-term financial support since. Ac…

Black-led Nonprofits Didn’t See The Lasting Funding Boosts Promised After 2020’s Racial Reckoning Promises

Asiaha Butler, the co-founder of the Resident Association of Greater Englewood, poses for a photo outside her office in Chicago, Monday, April 6, 2026. (AP Photo/Nam Y. Huh) NEW YORK (AP) — The racial reckoning that followed George Floyd ‘s murder in 2020 carried hopes of new support for disproportionately underfunded, Black-led nonprofits. American companies stepped up donations to historically Black colleges and universities. Major climate fun…