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Saturday, November 23, 2024

Black Lives Matter contributions made by Weld County organizations

Black lives matter 4

By March 22, one organization registered within Weld County had donated to the Black Lives Matter movement, according to the BLM Funding Database.

$850,000 was donated or pledged by this company between 2020 and the present date.

Signature Bank which pledged to donate to Black Lives Matter in recent years was confirmed to have fulfilled its pledge and actually donated the amount of money it said it would.

Organization from Weld Who Donated to the Black Lives Matter Movement
OrganizationDonated amountDetails
Signature Bank$850,000“Signature Bank believes silence cannot be an option during these times. Condemning racism and expressing support for peaceful protests is simply not enough. We believe action must be taken to help reverse the injustices of racism throughout our community and this country. To this end, our $750,000 donation is earmarked specifically for helping restore minority, woman-owned and small businesses throughout the metro-New York area. Signature Bank believes in looking forward and giving back. As an institution founded in New York City with a focus on catering to small and mid-sized companies, our donation affords us the opportunity to support our fellow hometown businesses and the community at large as we all work together to revive this great city." Page 12 of Signature Bank's 2020 Social Impact Report implies that the $750k only went to minority- and women-owned businesses. Signature Bank also gave $50k to the California Reinvestment Coalition to provide grants to BIPOC-led emerging nonprofits throughout California. This was followed by another $50k donation in 2021. Signature bank also contributed an unspecified amount to the Rose Foundation for Communities and the Environment's New Voices Are Rising program, which "strives to develop leaders in low income communities and communities of color in Oakland by helping young people gain the skills and experience in civic engagement required to tackle the many problems – especially environmental health problems – that disproportionately impact their communities." "Signature Bank’s contribution provided direct support to New Voices’ 2021 Summer Climate Justice Leadership Academy and the next generation of environmental leaders."

ORGANIZATIONS IN THIS STORY

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