Greensboro Black Philanthropy Venture – a primary on the town – desires to depart a legacy that may final for years | Native information



GREENSBORO – On Thursday, the Black Investment in Greensboro Equity Fund, part of the Community Foundation of Greater Greensboro, unveiled a year-long effort: the creation of a foundation.

But not just any foundation. One who would use money from the black community and others … to help the black community.

This money would be used for important issues.

Health care. The digital divide. Small business development.

And also hopes and dreams.

It’s a novel idea, the first foundation of its kind in Greensboro, and one of the few in the country.

“This is a reinterpretation of the narrative of what philanthropy looks like,” said Athan Lindsay, the foundation’s director of community philanthropy.

The effort has raised more than $ 300,000 as of this week with a target of $ 3 million.

The Community Foundation, which will oversee the administration of the funds, announced a grant of $ 250,000 on Friday morning. The foundation joins another high profile group, the United Way of Greater Greensboro’s African American Leadership Initiative, which is specifically focused on black philanthropy.

In recognition of the wealth and virtues of the city’s black community, the organizers aim to leave a legacy that African Americans will benefit from for years. And years.

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