Organization hopes to invest in wealth-building opportunities in the Black community
The African American Legacy Fund of Indianapolis (AALFI), a major fund of Central Indiana Community Foundation (CICF), has announced a $100,000 grant opportunity for one organization addressing wealth-building and preservation activities in the local Black community.
“These funds come from the community right back into the community.”
“We are excited to invest $100,000 into financial literacy and anti-gentrification solutions that will improve wealth building in the Black community,” said Kiahna Davis, president of AALFI. “These funds come from the community right back into the community. Our members went through a three-month learning journey to understand some of the pressing issues that have prevented us from generating wealth and addressing the gap.”
AALFI supports Black-led, Black governed, and Black-focused organizations. Applicants must be a 501(c)3 organization. Each proposal must include a project narrative describing the approach to the following:
- Developing community input on the program
- An outreach plan including potential grassroots partners
- Identification of administrative costs for the program
- Key staff that would administer the program or strategy
- Data collection and reporting strategy
The deadline to apply is Oct. 15, 2022. Send all submissions to Marshawn Wolley at projectmanager@blackonyxmanagement.com.
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