Structural racism is, and has been, a barrier to economic mobility that we must address. As part of Robin Hood’s commitment to becoming an anti-racist organization that is confronting and proactively addressing these systems to create lasting change, we are proud to introduce THE POWER FUND.

THE POWER FUND is a new initiative to fund and elevate nonprofit leaders of color who share Robin Hood’s mission of increasing mobility from poverty, while addressing the interplay of racial injustice and economic injustice through
their work.

Funding Leaders of color is a significant piece of this puzzle, because these leaders often bring strategies that intimately understand the racialized experiences of communities of color and the issues these communities face.

- Bridgespan Group and Echoing Green

This initiative will seek to expand our funding to significantly increase leader-of-color-led organizations amongst our grantees, while providing self-directed leadership and capacity-building funding to support their long-term success.

Over the past two decades, only around 10 percent of philanthropic dollars have gone to organizations led by people of color, despite giving increasing nearly 400 percent.

ADDRESSING THE FUNDING GAP

Systemic racism has disadvantaged leaders of color for decades, and Robin Hood has not been immune to this disparity and must do better. The Power Fund seeks to address the gap in funding for leaders of color, while serving as a model for other organizations, not because we’re an exception but because we’re part of a larger system that has a long way to go in promoting equity and justice.

To our donors: Robin Hood will seed the Power Fund with an initial $10 million investment, and we are looking for funding partners who can expand the impact of this fund and inspire broader action in the field.

To those interested in receiving funding: We will update this page with eligibility criteria and additional information related to the Power Fund, so please check in periodically.

To our community partners: We are hopeful to be able to learn from many of you as we build this new initiative.

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