The racial wealth gap isn’t just a problem for individual African Americans, but for Black-led organizations (BLOs) as well. “Black-led […more…]
Black Equity Collective
Founder: Kaci Patterson
The Black Equity Collective’s mission is to join funders and communities as partners in strengthening the long-term sustainability of Black-led and Black-empowering organizations in Southern California.
Begin to Build a Relationship
We know you care about where your money goes and how it is used. Connect with this organization’s leadership in order to begin to build this important relationship. Your email will be sent directly to this organization’s director of development and/or Executive Director.
The Black Equity Collective will be a transformative model in promoting investment in Black-led organizations. Cal Wellness is thrilled to be a partner in this journey.
Help BEC Meet its $60 Million Fundraising Goal
During a period shaped by the COVID-19 pandemic and a racial awakening, Black-led organizations have a huge need for financial resources. To serve their communities, many are doing work well beyond their missions, according to Kaci Patterson, founder and chief architect of the Black Equity Collective. They are advocating for fair housing, organizing mutual aid networks, and engaging in other advocacy work, yet they are disproportionately underfunded.
The BEC aims to direct resources their way by connecting them with funders interested in the cause of Black liberation, which Patterson defines as “Black people being able to fully live into their humanity without fear of attack, fear of death, fear of discrimination.”
So far, BEC has raised about $4.5 million in funding for Black-led organizations, putting the group just $1.5 million away from reaching its initial $6 million end-of-year goal. Over the next decade, it hopes to raise $60 million. Your investment can help BEC to become an independent institution, serving as a regional hub supporting Black-led social change efforts aimed at transforming the social and economic conditions affecting Black communities across Southern California and will put resources into the coffers of Black-led organizations working to address systemic racism.
The California Wellness Foundation
Silicon Valley Community Foundation
(CA Black Freedom Fund)
California Community Foundation
Southern CA Edison
JP Morgan Chase
Melissa Jones Charitable Gifting Trust
The California Endowment
National Philanthropic Fund DAF Holder
Fineshriber Family Foundation
Kautz Family Foundation
Roy and Patricia Disney Foundation
North Star Fund
CA Healthcare Foundation
Liberty Hill Foundation