Racial Justice Fund

Expressions of interest for our Racial Justice Fund have now closed. Thank you to everybody who submitted an EOI - our grants team will be in touch with you in due course. We will aim to get back to successful applicants by 11 July with details for Stage 2.

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) - submissions for Expressions of Interest have now closed

Stage two

Shortlisted applicants directly invited to apply

More information

You can download the full funding guidelines below

Information presentation

Watch the Information Event

In this recording of our information event, Programme Lead Ugo Ikokwu discusses the aims of the Racial Justice Fund, outlines the eligibility requirements and offers guidance for potential applicants.

Get in touch

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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