WEDNESDAY, DECEMBER 2, 2020
The Momentum Fund announced today that it has awarded a second round of grants totaling $605,000 to ten 501(c)(3) organizations around the country managing COVID-19 relief funds that provide grants and other forms of direct support to community-run organizations working with communities of color, historically marginalized populations, and other groups being disproportionately impacted by the pandemic that continues to ravage these communities.
The Momentum Fund is guided by a five-member advisory board comprised of leaders from philanthropy-serving organizations (PSOs) who also advocate for many of the communities and populations hit hardest by the pandemic. The Fund awarded grants to organizations working in 31 states, as well as the District of Columbia, Puerto Rico, and the U.S. Virgin Islands, mirroring the ways that COVID-19 continues to harm vulnerable communities in many geographically diverse areas of the country. Momentum Fund grantees described a wide range of urgent needs to build their capacity to effectively manage their COVID-19 funds and help their communities—as they all responded quickly to the crisis without having time to find new resources.