POISE Foundation Receives Capacity Support Grant From The Momentum Fund For Its Critical Community Needs Fund (CCNF)

FOR IMMEDIATE RELEASE
 
Media Contact:
 
KARRIS M. JACKSON
CHIEF OPERATING OFFICER
(412) 281-4867 – Office
(412) 302-5130 – Mobile
kjackson@poisefdn.org
 
  
 
 
POISE FOUNDATION RECEIVES CAPACITY SUPPORT GRANT FROM THE MOMENTUM FUND FOR ITS CRITICAL COMMUNITY NEEDS FUND (CCNF)
 
 
PITTSBURGH, PA (PittsburghNewsWire.com), September 30, 2020 — POISE Foundation announced today that it has recently been awarded a $65,000 grant from the newly-formed Momentum Fund to sustain and build capacity for its Critical Community Needs Fund (CCNF). The Momentum Fund is exemplifying a model of philanthropy that unapologetically centers racial equity and explicitly prioritizes the needs of Black, Indigenous and People of Color (BIPOC) communities as part of our national recovery from COVID-19. The Momentum Fund is made possible by support from Bill & Melinda Gates Foundation and is managed by United Philanthropy Forum.
 
POISE Foundation was one of 129 organizations funded (out of an applicant pool of 757), totaling $8.5 million, bestowed by the Momentum Fund to 501(c)(3) organizations throughout the country managing COVID-19 relief funds that provide grants and other forms of direct support to community-run organizations working with communities of color, historically marginalized populations, and other groups being disproportionately impacted by the pandemic. Only three grants were awarded to organizations based in Pennsylvania.
Mark S. Lewis, President and CEO of POISE Foundation commented: “This grant demonstrates that national funders recognize the critical work of POISE Foundation. 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”.
 
The Momentum Fund’s press release can be found at:
 
A full list of the Momentum Fund grantee organizations can be found at: https://www.unitedphilforum.org/sites/default/files/Momentum%20Fund%20Grantee%20List.pdf
 
POISE Foundation’s CCNF was launched on April 22, 2020, has raised $1,026,880 and awarded 87 grants totaling $921,000 thus far to small to mid-sized Black-Led Organizations in the Pittsburgh Region providing critical needs to the Black Community during the pandemic.
 
For more information about POISE Foundation or to schedule interviews, please contact:
 
Karris M. Jackson
(412) 281-4967 – Office
(412) 302-5130 – Mobile
kjackson@poisefdn.org
 
POISE Foundation
Two Gateway Center, Suite 1700
603 Stanwix Street
Pittsburgh, PA 15222
 
About POISE Foundation: POISE Foundation was founded in 1980 by Bernard H. Jones, Sr., a prominent community and civic leader in Pittsburgh. It is one of the oldest Community Foundations in the United States established and managed by African Americans. POISE Foundation envisions a nation in which all members of the Black community are empowered and self-sufficient. With this vision at the core of the Foundation’s philosophical approach to its work, POISE’s mission is to assist the Black community in achieving self-sustaining practices through strategic leadership, collective giving, grantmaking and advocacy. Created in the format of a Community Foundation, POISE receives funds from a variety of donors. These funds may be unrestricted, and used to support our grantmaking strategy, or donor-directed for specific charitable purposes. For more information, please visit: https://www.poisefoundation.org/
NOTE: When writing about POISE Foundation, please spell out the word POISE in capital letters and do not use the article “The” or “the” before POISE Foundation.
 
About the Momentum Fund: The Momentum Fund was launched in May, 2020 with a vision of ushering in a new model of philanthropic giving that unapologetically centers racial equity and explicitly prioritizes the needs of BIPOC communities. The Momentum Fund is made possible by support from Bill & Melinda Gates Foundation and managed by United Philanthropy Forum. For more information about the Momentum Fund, please visit: www.momentumfund.org
 
 
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