New 10-year initiative aims to help Black families thrive in East Oakland

Media August 29, 2023

“The $100 million effort will be backed by a combination of private funding and public resources, with fundraising to continue as the 10-year plan progresses, according to the investment report. In 2021, Blue Meridian Partners, a national philanthropic group dedicated to investing in communities most impacted by poverty, pledged to contribute $50 million to the work, selecting Oakland as one of five cities nationwide to receive philanthropic capital. Oakland Thrives, a nonprofit group, is working to secure the remaining $50 million from local businesses, foundations, and donors, per the press release.”

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