On July 14, the Inland Empire Funders Alliance and the Black Equity Initiative of the Inland Empire announced the newly formed IE Black Equity Fund. The fund will raise $5 million for Black-led organizations in the Inland Empire over the next two years and is seeded with investments from IECF and the California Endowment.

“This collaborative effort began with the Funders Alliance,” said Celia Cudiamat, chair of the IE Funders Alliance and SVP for Grants and Community Impact at IECF. “Thirty funders work together under the Funders Alliance to create pooled funds, and given the centrality of racial equity and anti-Black racism for progress in our communities, we are delighted to host this fund at IECF.”

Said BLU Educational Foundation CEO Dina Walker in a recent Press Enterprise article, “We’re excited because this is a forward-thinking plan in which we, the organizations, will be part of the decision-making process and get to decide how the funds are distributed.”

The fund will accept gifts from foundations and individual donors, creating a seamless pooled fund to reach its goal and engage many donors. Using a “trust-based” model of philanthropy, members of the Black Equity Initiative will be part of the distribution of resources.

Stay tuned – IECF will be sharing future updates and developments about the fund in the coming months. Thank you in advance for your interest and support of this important work.

If you missed the latest news coverage of the fund, read about it in the Black Voice News and the Press Enterprise!

 

Offices Closed

Inland Empire Community Foundation’s offices are temporarily closed and our staff is working remotely. As we continue to adapt to our new work environment, we are committed to serving our donors and the community. All office lines are being forwarded to staff and you can continue to reach us via email. While we are not officially open to the public, we will have a staff person in the Riverside office M-F on a limited schedule. Please call before visiting the office, and for any questions, call us at 951-241-7777 or email us at info@iegives.org