PITTSBURGH — POISE Foundation announced it received a $65,000 grant from the newly formed Momentum Fund, a national funder that prioritizes the needs of Black, Indigenous, and people of color (BIPOC). The Momentum Fund is underwritten by the Bill & Melinda Gates Foundation and is managed by United Philanthropy Forum.
The foundation said it will use the grant to fund part of its own grant-writing program, the Critical Community Needs Fund, or CCNF. Since its launch in April 2020, POISE’s CCNF has raised over $1 million and has awarded 87 grants so far to small and mid-sized Black-led organizations throughout the Pittsburgh region amid the Covid-19 pandemic.
“This grant demonstrates that national funders recognize the critical work of POISE Foundation,” Mark S. Lewis, president and CEO of POISE Foundation, said in a release. “The current crises have made it clear: BIPOC organizations need unrestricted grant support and they need it now. We are proud to receive a grant from the Momentum Fund and look forward to working with United Philanthropy Forum and its partners to leverage additional funding to ensure genuine and lasting change.”
Read more in the Pittsburgh Business Times.
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