Race and poverty in the UK are clearly linked. Black Londoners are twice as likely to be in poverty as white Londoners.
The racial justice fund aims to change this by economically empowering Black and minority groups. It's jointly funded by the City Bridge Foundation, Lloyds Bank Foundation for England and Wales and Trust for London.
What we’ll fund
Our focus is on long-term change. We’ll fund work that addresses the causes of racial injustice, not just the symptoms.
Our impact goals
- Increase household incomes: Black and Minoritised are more likely to be low-paid than their white counterparts – and are often paid less to do the same job.
We want to fund work that tackles the reasons behind this, and increases the amount of money that Black & minoritised households earn. - Increase household and community wealth: Black African and Bangladeshi households have 10 times less wealth than White British people.
We want to fund work that removes the barriers many Black and minoritised Londoners face to building wealth. When we talk about wealth, we mean the value of assets that households and communities hold.
Collectively, we call this economic empowerment. We don't think you can have racial justice without economic empowerment.
For more information about the type of work we can and can’t fund, read through our guidelines.
If the fund sounds like the right fit for your work, speak to us.
Your data
As part of our commitment to collaborative and transparent grant-making, applications to the racial justice fund will be peer reviewed by both Trust for London and Lloyds Bank Foundation. By submitting an Expression of Interest (EOI) or a Stage 2 application, you are giving permission for your application materials to be shared with Lloyds Bank Foundation for the purposes of assessment and peer review. This partnership helps ensure that funding decisions are informed by a broad range of expertise and aligned with the values of the fund.
If you have any questions or concerns about this process, please contact us.
Download our funding guidelines
07 July 2025
Funding guidelines
What we're funding
Examples of work we're currently funding in this area.
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Metronomes Steel Orchestra
Carrying out community-based research and designing new organisational models to reclaim Carnival's economic value for the Black community.
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Stour Trust
Securing long-term, affordable assets for Black and minoritised communities.
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Tree Shepherd
Empowering Black-owned businesses, particularly those led by women, to be involved with local regeneration projects.