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Study Finds Post-2020 Funding Gains for Black-Led Nonprofits Were Short-Lived
Candid and ABFE found that many Black-led nonprofits saw only temporary gains after 2020, while smaller groups still struggled to secure lasting support.
- Research released Tuesday shows funding gains for many Black-led nonprofits were short-lived, with large organizations seeing only temporary increases between 2020 and 2022, according to Candid and ABFE.
- The racial reckoning following George Floyd's 2020 murder prompted hopes of new support, yet foundations lacked relationships with Black organizations prior to that period, according to ABFE CEO Susan Taylor Batten.
- Asiaha Butler, CEO of the Resident Association of Greater Englewood in Chicago, hears excuses from supporters who gave during the 2020 movement, with donors telling her, "Priorities have shifted."
- Cathleen Clerkin, associate vice president of research at Candid, said the work is made harder by the "song and dance" necessary to secure long-term investment, as organizations constantly go on "first dates with new funders."
- Funding downturns have delayed a nearly $7 million capital project for Butler's organization, while small Black-led nonprofits with annual expenses of $1 million or less struggle to retain continuing supporters.
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20 Articles
Black-led nonprofits didn't see 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. According to a study by Candid and ABFE, only a subset of large, Black-led nonprofits saw temporary funding increases. Smaller organizations saw no change.
·Johnstown, United States
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Black Nonprofits Didn't See Lasting Philanthropic Commitments Made After George Floyd's Murder
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 Philanthropic Commitments Made After George Floyd's Murder.
Coverage Details
Total News Sources20
Leaning Left12Leaning Right3Center4Last UpdatedBias Distribution63% Left
Bias Distribution
- 63% of the sources lean Left
63% Left
L 63%
C 21%
R 16%
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