The Seattle Foundation is working with a coalition of funders who are looking to drive up to $50 million in investments to Black, Indigenous, and People of Color (BIPOC)-led and rooted organizations and coalitions.

The Fund for Inclusive Recovery was launched in conjunction with  the one-year anniversary of the Seattle Foundation’s COVID-19 Response Fund, which deployed more than $30 million to support Seattle-area nonprofits. 

The new effort aims to raise $50 million over the next five years -- with $7.7 million raised to date.

The US Census Bureau reported in October that Black and Hispanic households in Washington state had much less confidence than white households that they could afford their rent. 

COVID-19-related deaths, hospitalizations, and cases have been significantly higher in many BIPOC communities in Seattle.

“The COVID-19 pandemic made our region’s disparities impossible to ignore. This is a critical moment for our community, and it’s important we continue coming together to support those closest to the solutions, said Tony Mestres, the Seattle Foundation’s president and CEO. “Inclusive recovery will require us all to reimagine a different future for Seattle, one that centers on those most impacted by the effects of COVID-19.”

To learn more about the Fund for Inclusive Recovery, visit 

www.seattlefoundation.org/inclusiverecovery.