The Black Community Investment Fund has resulted in:
137
Students supported from 6th grade through college graduation
122
Black San Diegans participating in paid job training, internships & career placement programs
64
New Black homeowners
As of August 2024
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.
Affinity Funds
Uplifting Young Minds: The Black InGenius Initiative Commitment to Educational Equity
Community Impact
What is Generational Wealth?
Affinity Funds
Pathways to Prosperity: How the Urban Business Resource Center Empowers Black Entrepreneurs
Education
Autism, dyslexia, ADHD: How colleges are helping ‘neurodivergent’ students succeed