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Amazon Commits $125 Million to Housing Equity Fund

Amazon’s new Housing Equity Fund will provide cash grants to nonprofit groups, businesses, and minority-led organizations to build more low-cost housing, in Arlington, Va., among other places. The Washington Post via Getty Im

January 13, 2021 | Read Time: 4 minutes

Here are notable new grant awards compiled by the Chronicle:

Amazon

$125 million through its new Housing Equity Fund to provide cash grants to nonprofit groups, businesses, and minority-led organizations to build more low-cost housing, particularly for people of color. The grants are part of a $2.1 billion package of loans and grants that Amazon intends to make to address affordable housing in Arlington, Va., Nashville, and Washington State’s Puget Sound region.

Morgan Stanley

$100 million to the National Equity Fund to create the Greater Atlanta Transit Oriented Affordable Housing Preservation Fund, which will work with landlords to help low-income families and individuals stay in their homes in areas with access to public transit.

First Premier Bank and Premier Bankcard

$50 million to the South Dakota Community Foundation to endow the Premier Scholarship Fund, which will make need-based tuition grants to South Dakota students who attend Augustana University, Black Hills State University, Dakota State University, Northern State University, the South Dakota School of Mines and Technology, South Dakota State University, the University of Sioux Falls, and the University of South Dakota.

Lilly Endowment

$17.2 million to 38 organizations to address the social and economic damage of the Covid-19 pandemic in Indiana’s Marion County. John Boner Neighborhood Centers received $1.8 million to cover its community-development services and general operating support.

(The Lilly Endowment is a financial supporter of the Chronicle of Philanthropy.)


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Washington Equity Relief Fund for Nonprofits

$12 million to 358 organizations throughout Washington State that are led by and serve Black, indigenous, and people of color communities. This fund is a partnership between Philanthropy Northwest and the Washington State Department of Commerce.

Pritzker Foundation

$10 million over five years to the Discovery Partners Institute to establish the Pritzker Tech Talent Labs, which will offer skills training, internships, and career guidance to help women and people of color gain high-paying jobs in technology.

Windgate Foundation

$10 million to the Wharton Esherick Museum for its endowment.

Stephen and Renee Bisciotti Foundation and the Baltimore Ravens

$5 million to Catholic Charities to support programs at more than 200 locations in Baltimore City and nine counties in Maryland. The Bisciotti family are the majority owners of the professional football team.

Abbott Fund

$3 million to the Joffrey Ballet to endow the director’s position at the Joffrey Academy of Dance.


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Open Society Institute-Baltimore and Baltimore’s Promise

$2.3 million to create B’More Invested, which will make grants to grassroots leaders of color in Baltimore who are working within their communities to promote healthy and safe neighborhoods.

John A. Hartford Foundation

$1.6 million over three years to the Icahn School of Medicine at Mount Sinai to expand its Hospital at Home program, which aims to improve the care of older adults by safely offering hospital-level care in a home setting.

V Foundation for Cancer Research

$1.5 million to the Comparative Oncology Research Consortium for three research projects in canine comparative oncology, a field that explores the similarities and differences of cancer in humans and dogs.

Johnson Scholarship Foundation

$1 million to the American Indian Graduate Center to create the Investing in Native CPAs Program, a scholarship for 150 Native students who are pursuing degrees in accounting and finance. The American Indian Graduate Center has matched the grant with an additional $1 million.

New York Jets

$1 million to the All Stars Project, Innocence Project, New York Urban League, and Year Up for their efforts to enhance social justice, inclusion, and diversity. Each grantee will receive $250,000 from the professional football team.


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Royalty Pharma

$1 million to Mount Sinai Health System to support the hospital’s Center for Post-Covid Care and Post-Covid Registry, which will study the long-term consequences of coronavirus infection. It will also back a study of people who have antibodies to SARS-CoV-2 through infection or vaccination and monitor changes to those antibodies over time.

State Employees’ Credit Union and SECU Foundation

$1 million to the Salvation Army of the Carolinas to continue its Covid-19 disaster-relief efforts.

New Grant Opportunity

The William T. Grant Foundation is accepting applications for its Youth Service Improvement Grants Program, which will award grants of $25,000 each. Eligible nonprofit organizations in New York City’s five boroughs that provide direct services to youth ages 5 to 25 must have a budget between $1 million and $5 million. Priority will go to groups that provide direct services to youths in 10 community districts identified as having the highest risk to child well-being by the Citizens’ Committee for Children, have existing programs that are tailored specifically to children of Mexican descent and LGBTQ youths, or are led by people of color or LGBTQ individuals. Applications are due March 11.

Send grant announcements to grants.editor@philanthropy.com.

Chronicle of Philanthropy subscribers also have full access to GrantStation’s searchable database of grant opportunities. For more information, visit our grants page.

We welcome your thoughts and questions about this article. Please email the editors or submit a letter for publication.

About the Author

Senior Editor, Solutions

M.J. Prest is senior editor for solutions at the Chronicle of Philanthropy, where she highlights how nonprofit leaders navigate and overcome major challenges. She has covered stories on big gifts, grant making, and executive moves for the Chronicle since 2004. Her work has also appeared in the Washington Post, Slate.com, and the Huffington Post, and she wrote the young-adult novel Immersion. M.J. graduated from Williams College and after living in many different places, she settled in New England with her husband, two kids, and two rescue dogs.