The Black Community Investment Fund has resulted in:
1
.6Minvested in Education
1
.4Minvested in Employment & Entrepreneurship
2
.8Minvested in Homeownership
Investing in Black Communities
COVID-19 and events of the recent past have shined a light on systemic racism, especially as it impacts Black communities. Co-founded with the Central San Diego Black Chamber of Commerce, the Black Community Investment Fund prioritizes and invests in community-led, innovative efforts that increase racial equity and generational wealth for Black San Diegans.
The fund, led by a majority-Black advisory council of civic, nonprofit and government leaders, directs grantmaking into four key pillars to impact economic prosperity among Black San Diegans.
Four Pillars of Grantmaking
Seeding the Fund
The Black Community Investment Fund was seeded in 2020 with $1 million from the San Diego Foundation, $250,000 from San Diego Gas & Electric, $75,000 from Wells Fargo Bank and $25,000 from Cox Communications and complements the work of government agencies and organizations by investing in initiatives that disrupt and innovate the institutional drivers of racial inequity in San Diego.
Community Impact
Black Ingenious Initiative Paves the Way Towards Higher Education
Community Impact
Black Community Investment Fund Celebrates 2-Year Anniversary
Community Impact
San Diego Foundation, University of San Diego Partner on New Initiative to Increase Upward Mobility and Generational Wealth for Black San Diegans with College Access for Students and Neurodivergence Training for Teachers
Racial & Social Justice
What is Social Justice?