The Amandla (pronounced ah-MOND-la) Fund was created by Richmond's Black giving circles, SisterFund and Ujima Legacy Fund, in partnership with the Community Foundation, to mobilize long-term investments that will strengthen the Black community and achieve economic and racial justice.
The fund derives its name from the Nguni word for "power and strength”, a popular rallying cry in the days of resistance against apartheid, used by the African National Congress and its allies in South Africa.
The Amandla Fund for Economic and Racial Justice provides a philanthropic solution to increase economic mobility for Black families, with grant funding focused on eliminating the racial wealth gap and disparities in homeownership in the Richmond region.
Economic Mobility
Eliminating Racial Wealth Gap
Eliminating Homeownership Disparities
Recent Grants
Southside Community Development and Housing Corporation
The Amandla Fund has launched the Economic Mobility & Black Homeownership Pilot Program, in partnership with Southside Community Development and Housing Corporation and the Community Foundation.
Southside Community Development and Housing Corporation | $200,000.00
This bold new initiative will assist 10 Black first-time home buyers who fall within 80% to 150% of the area median income range, providing down payment assistance grants, as well as pre- and post-purchase counseling.
