Racial Justice Fund

A £4 million fund from Trust for London and City Bridge Trust to increase economic empowerment among London’s Black and minoritised communities

Background

Wealth and income disparities are at the heart of racial injustice, and ambivalence about the disproportionate number of Black and minoritised communities experiencing poverty is unacceptable. The clear link between race and poverty in the UK is backed by evidence, with Black, Asian and minority ethnic households twice as likely to be living in poverty as their white counterparts.

The Racial Justice Fund will directly resource Black and minority-led organisations working at the intersection of racial and economic justice. The fund will bring fresh voices, build alliances and pilot new ideas that will help increase wealth and income in Black and minoritised communities.

Aims

Racial justice

The systemic redistribution of power, opportunities and access for Black and minoritised communities

Economic empowerment

Access to income and wealth that enables communities to be in control of their own circumstances

We want to see:

  1. Black and minoritised communities with access to the power and resources needed to create economic wealth
  2. Stronger alliances and movements of black and minoritised communities working effectively to influence and shift decision/policy makers
  3. Increased income and economic wealth among Black and minoritised communities
  4. Black and minoritised communities and organisations empowered to tackle economic injustice
  5. Reduced levels of poverty within these communities
  6. Reduced racial and economic inequalities caused by racialisation

How it works

The Racial Justice Fund will support innovation in Black and minoritised organisations whose work has the potential to increase incomes and wealth in local communities in London. We will be giving:

  • Grants for up to five years
  • £4 million over two years
  • The opportunity to apply for development grants
  • Flexible funding for core and/or project funding

How to apply

There are two stages to the application process for this fund.

Stage one

Submit an Expression of Interest (EOI) - now open, apply by 1pm 27 June 2022

Stage two

Shortlisted applicants directly invited to apply

Expressions of interest are welcomed from organisations that fit the following eligibility criteria:

  • Majority-led by Black and minoritised communities (75% Trustees/50% senior staff)
  • Prioritising work with an intersectional approach, reflecting the overlapping and interconnected systems of oppression and disadvantage
  • Taking a collaborative approach to work to reduce competition between organisations
  • Have at least three trustees or directors
  • Working in London and/or benefiting Londoners
  • Undertaking charitable activities (although you do not need to be a registered charity)

Before submitting an Expression of Interest we recommend you do following:

  1. Read the funding guidelines
  2. Attend the information event on 25 May from 10am - 12pm
  3. Book a 1:1 call with a grants manager on 30 & 31 May or 1 June if you have any other questions (only after following steps 1 & 2 above)
Please read the funding guidelines carefully before submitting an Expression of Interest:

Attend the online information event

We will be hosting an online information event on 25 May from 10-12pm about the Racial Justice Fund. You will have the opportunity to hear more about the fund from the grant managers working on the programme, and submit questions to the team.

Book a place

Speak to a grants mangaer

Our grant managers will be available for 30-minute 1:1 information calls on 30 & 31 May and 1 June 2022. Again we would encourage you to read the funding guidelines to check your work is eligible before booking a slot. You'll also need to complete a brief eligibility quiz to be able to book a call.

Book a call

Expressions of Interest

Now open for applications, deadline 27 June 2022 at 1pm

Submit an EOI

Get in touch

Ugo contact.png

Programme lead

Ugo Ikokwu is leading the Racial Justice Fund work. Get in touch if you have questions or feedback about the initiative.

Contact Ugo

Updated May 2022