The Baobab Foundation has been newly created as a mechanism to secure long-term funding for black and ethnic communities and for those organisations that support them. It has been set up both as a response to the impact of Covid-19 and the murder last year of George Floyd.
Health inequalities are rife in the UK and across the world; BAME communities have been affected disproportionately throughout the global pandemic and it is imperative that this is addressed. Baobab’s vision envelopes transferring power and agency to those organisations who are often issued with less funding; they plan to be led and govered by the very same. Their inspiring vision is to have created this new organisation by the end of Summer 2021 and launch with £5-10million in grant funding by the end of the year. Their longer-term prospectus aims to raise £1billion in endowed funding which will help with adminsitering £50million in funding per year.
They have monthly meetings for members, which is expanding quickly, including many regional and national black and ethnic minority organistions and networks. They are continuing to gain support and traction from charitable funding, corportations and philanthropists.
They do however, still need help and assistance from local infrastructure organistions to reach to every nook and cranny across the country.
They are asking if each CVS could aim to target 5-10 black and ethnic minority community organistions in their networks to become members.
Please contact Jermain or Yoanna for more information.
This is a wonderful and much needed vision, a fantastic tool which will be invaluable as the UK addresses the extensive inequality and racism experienced by many communities.
