Pittsburgh Foundation to invest $50 million toward racial equity, justice-related causes [View all]

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Lisa Schroeder (Photo credit Maranie R. Staab)

(link) https://www.post-gazette.com/news/social-services/2023/01/31/pittsburgh-foundation-grants-racial-justice-equity-philanthropy/stories/202301310082

The Pittsburgh Foundation, one of the largest charitable organizations in the region and one that reports assets of more than $1 billion, laid out a new strategic plan Tuesday that places racial justice and reducing social inequality at the forefront of its philanthropic commitments.

One of the most immediate measures is a planned $50 million investment over the next five years toward racial equity and justice-related causes, according to foundation leadership, noting that the COVID-19 pandemic exacerbated disparities affecting key communities.

In addition, the foundation is setting a goal to ensure at least half of grants from its unrestricted grant-making pool of funds go to organizations led by and serving members of Pittsburgh’s Black, Indigenous and People of Color communities by 2027.

“We'll be prioritizing racial and economic justice based on what data has told us about who has been left out — particularly based on what has been learned during COVID-19, during a time of racial reckoning, in which it's become very clear that we haven't made the progress that we need to make,” said Lisa Schroeder, president and CEO of the Pittsburgh Foundation.

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