$208 Million Committed in Crisis Relief Campaign That Billionaires Started
September 11, 2020 | Read Time: 1 minute
An effort to pressure foundations, wealthy individuals, and donor-advised-fund account holders to boost their giving immediately has so far generated $208 million in giving, the group’s leader says.
The Crisis Charitable Commitment, begun in July by Alan Davis, a businessman and president of the Leonard and Sophie Davis Fund, specifies benchmarks for increased giving by foundations, donor-advised fund account holders, and wealthy individuals.
In particular, the commitment aims to boost giving for racial justice, getting voters to the polls this November, and making sure their ballots count. Of the $208 million given via the pledge so far, $71.2 million was for democracy-related efforts and $51.4 million was for racial justice, according to a website set up to track giving under the self-policing pledge.
For now, the list of people who committed to give remains confidential. Davis says he will publish it on September 29.
Unlike the Giving Pledge, the Crisis Charitable Commitment focuses on giving fast — this year, in fact.