Minorities make up 41% of the American population, but they only receive 6.9% of the 76B granted from foundations annually.
Menergi connects minority led nonprofits with institutional donors, to help support and lift communities most in need.
The philanthropy industry has been challenged with lack of equitable giving to minority founders and communities since the beginning of time. With recent events, its even worse.
Inequitable Giving
Inequitable Giving
Minorities make up 41% of the American population, but they only receive 6.9% of the 76B granted from foundations annually.
Funding Initiatives
50% of nonprofits have less than one month of operating reserves. Donors rarely fund a nonprofit whom they have no connection with. If Philanthropic leaders don’t take immediate and decisive action, many NGOs around the nation will disappear
Resources
Community based organizations struggle with lack of education, resources, and relationships to efficiently affect their causes. In todays environment, with a pandemic and a looming economic depression, things may get much worse.
Resources
Community based organizations struggle with lack of education, resources, and relationships to efficiently affect their causes. In todays environment, with a pandemic and a looming economic depression, things may get much worse.
We Need This Fixed Now
Here is how we at Menergi plan to alleviate these issues: