Amandla Fund for Economic and Racial Justice
The Amandla (pronounced ah-MOND-la) Fund was created by Richmond's Black giving circles SisterFund and Ujima Legacy Fund, in partnership with the Community Foundation, to mobilize long-term investments that will strengthen the Black community and achieve economic and racial justice.
It is only fitting, then, that the fund derives its name from the Nguni word for "power and strength” and was a popular rallying cry in the days of resistance against apartheid, used by the African National Congress and its allies in South Africa.
View the 2022 Amandla Fund Report
Initial Focus Areas
Through extensive research, consultation with national experts, and strategic planning, the Amandla Fund has identified two initial areas of focus that will boost Black economic mobility in Greater Richmond:
Priority #1: Increase Black Homeownership
Sustainable homeownership has been proven to be a highly effective route to building wealth and intergenerational economic mobility. Amandla Fund supports efforts to increase homeownership opportunities for Black families.
Priority #2: Expand Black Leadership
Supporting Black-led and Black-serving organizations* offers a proven path to increasing equity and opening opportunities for employment. Amandla Fund supports initiatives to train, mentor, and increase African Americans in nonprofit leadership roles.
*Organizations with a majority Black Board of Directors, executive leadership and/or staff, and that primarily serve Black people. Source: ABFE
This initiative aligns with the narrative and recommendations of the Giving Black®: Greater Richmond study. Click here to learn more about Giving Black®.