Nationwide — They are many great non-profits, making great strides in the Black community in the areas of health, education, equal rights, the arts, and many more. However, many of them don’t have the funding to expand and grow their organizations. “This is because they have to rely on the goodness of people and companies to fund their organizations. This is not the best way to fund our organizations, especially when the economy is doing so badly,” says Terrance Amen, founder and CEO of 3UFirst.
Terrance says that his company can solve this problem by offering organizations ownership in the company, donations to their organization, and sponsorship of their events. In return, the organizations that agree to the terms simply have to endorse, promote, and support 3UFirst. He comments, “This is a great way to fund our HBCUs and other organizations putting in the work. Too many times our organizations have to go begging for crumbs and having to reach outside our community, in order to keep their doors open.”
Sometimes Black organizations can’t do or say the things they really want to because they’re afraid of offending their donors. According to Terrance, “This is not the solution to funding our organizations. It’s past time we change this paradigm by funding a for-profit company like 3UFirst, that’s dedicated to solving the major problems in our community. Starting with using the money we’re already spending and investing in other for-profit companies, we can create or re-create the institutions we had, before what he calls, the integration experiment we continue to rely on.”
