The Black Lives Matter Global Network Foundation has established a fund worth more than $12 million to aid organizations fighting institutional racism, in the wake of the George Floyd protests.
On Wednesday, the foundation, which has been influential in the emergence of the broader Black Lives Matter movement, said it was setting aside $6 million in donations to support Black-led grassroots organizing groups. Last week, it unveiled a separate $6.5 million fund for its network of affiliate chapters.
Beginning July 1, affiliated chapters can apply for unrestricted funding of up to $500,000 in multi-year grants, the foundation announced. Grants from both funds will be administered through a fiscal sponsor, said Kailee Scales, managing director of the foundation.