Borealis Philanthropy Awards $1.5 Million to Advance Racial Equity
July 03, 2019 / Philanthropy News Digest
Borealis Philanthropy, a Minneapolis-based philanthropic intermediary, has announced grants totaling $1.5 million to seventeen organizations focused on ending racial disparities in grantmaking. Awarded through the Racial Equity in Philanthropy Fund, a donor collaborative that includes the W.K. Kellogg Foundation, the Ford Foundation, and the Rockefeller Brothers Fund, the grants include support for accelerating promising strategies, strengthening organizations' internal capacity, and enhancing learning and collaboration among grantees. Twelve grants are focused on expanding strategies that transform inequitable practices and elevate cooperative activities within the latest cohort of grantees, and four organizations were awarded capacity-building grants to strengthen their internal racial equity practices so they are better positioned to implement strategies externally.