Black Economic Prosperity Endowment
The Minnesota Business Coalition for Racial Equity (MBCRE) will sunset on December 31, 2025. MBCRE’s remaining assets will Seed the Black Economic Prosperity Endowment. The Black Collective Foundation (The Collective) will serve as the steward of the endowment.
The endowment will continue MBCRE’s legacy through funding for research, programs, and advocate for policies. The goal of the endowment is to strengthen Black economic power, support self-determined institutions and businesses, and advance economic well-being.
In addition, we will stand up a Corporate Advisory Committee to build stronger connections between The Collective and the corporate community, and to create partnerships that go beyond philanthropy to drive lasting change.
“This endowment is a critical step toward long-term, self-determined prosperity. Social change calls for constant revision, and we must be willing to redo, refine, and reimagine our efforts until we get it right. We are grateful to continue this work and invite all to build with us,” said Lulete Mola, Co-Founder and President of the Black Collective Foundation Minnesota.
Donate to support the endowment at the link below; Under “my donation is for” option, select the Black Economic Prosperity Endowment.