The Black Equity Initiative of the Inland Empire has launched the Black Equity Fund (BEF) A regional, pooled fund with a preliminary goal of raising five million dollars over two years.
The fund is taking an innovative approach to its initiative in alignment with the guiding principles of the Trust-Based Philanthropy Project.
The IECF Board of Directors voted Monday night to make a $150,000 commitment to the Fund.
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Empowerment Plan is a nonprofit aimed at helping countless homeless people find jobs. To combat the country’s homeless crisis, the Plan hires homeless people and teaches them how to make coats for the homeless suffering on the streets.