2023 Marks Final Year of Stepping Forward Spending
Additional Resources Sustain Nonprofits, Address Disparities
Through Stepping Forward, more than $8.5 million of extra endowment spending is being used for nonprofit operating support and advancing equity. In addition, as part of Stepping Forward, The Foundation created three funds as permanent resources for long-term change: the Basic Needs Fund; the Civic Engagement and Awareness Fund; and the Black Futures Fund.
Though Stepping Forward spending will end in 2023, The Foundation’s priority remains that of addressing the longstanding disparities in our community that only became more acute and more evident during the COVID-19 pandemic and over the last three years, including racial disparities and social disparities in educational outcomes, health outcomes, and economic wellbeing.