Thursday, June 26, 2008

::African American Philanthropy In the News::

The African American Empowerment Fund of Delaware


"More than 100 of Delaware’s black community leaders turned out Tuesday evening to launch the African American Empowerment Fund of Delaware, a new philanthropic initiative of the Delaware Community Foundation to establish a permanent source of funding for causes important to African Americans throughout Delaware.

“Our mission is to establish a legacy of leadership in promoting philanthropy to fund causes important to the education, social and economic empowerment of African American Delawareans,” cited Sylvia S. Banks, interim chairperson and Manager of Corporate Contributions and Memberships for DuPont.

The initial goal of the 30 organizers of the African American Empowerment Fund of Delaware is to obtain 100 “founders” to contribute $1,000 or more to begin to build a lasting endowment. "

Read full article here.

Black Philanthropy Conference Focuses on Educating Children


"Mayor Thomas M. Menino urged leaders of black community organizations to work together more closely and consolidate administrative functions to free up more money for educating Boston's youngest, most vulnerable children.

"We don't invest enough resources in education," Menino said at the Black Philanthropy "Building Stronger Communities" Conference at John Hancock Hall. "We have got to be smarter about how we invest in kids." Read full article here. {Thanks J. Dakar}