ShareWay gives back $10K to Black-led nonprofits during Black Philanthropy Month

ShareWay is excited to partner with BackBlack to give away 10 Annual All Access subscriptions (valued at $996) to Black-led nonprofits.

What is the All Access subscription?

Our All Access subscription includes unlimited access to our directory of 1,800+ in-kind donation and 4,000+ grant opportunities.

Why are we supporting BackBlack?

By giving Black-led nonprofits access to funding opportunities via our All Access subscription, we aim to close the disparity in funding to Black-led nonprofits. Black-led nonprofits are underfunded by donors compared to White-led organizations. Revenues of Black-led nonprofits are 24% smaller than revenues of their White-led counterparts, and unrestricted net assets are 76% smaller, according to Echoing Green and The Bridgespan Group. White-led nonprofits are also more likely to receive corporate donations — 71% vs 58% for BIPOC-led nonprofits, according to the Nonprofit Finance Fund.

Combined funding to Black communities makes up 1% of all community foundation funding while the combined Black population is 15%, resulting in an underfunding of Black communities of $2 billion, according to the National Center for Responsive Philanthropy.

Giving platforms have tremendous influence on where donors choose to give. By connecting Black-led organizations with resources and funding opportunities, BackBlack is taking action to close the funding gap and advance equal opportunity in philanthropy.

Learn more about the BackBlack movement here.

How it works?

To enter to win a free All Access subscription, take the following steps during the month of August 2024.

1. Create an account on TheShareWay.
2. Sign-up here if you’re a Black-led nonprofit, and you’d like to be considered for the All Access subscription.
3. Submit this form so BackBlack can confirm your eligibility.
4. We’ll notify you of the recipients by 9/9/24.

The Winners

Congratulations to these 10 Black-led nonprofits for winning a free All Access subscription as a part of TheShareWay’s Back Black Campaign during Black Philanthropy Month.

• Our 3 Memorial Foundation
• Lizzie Foundation
• Safer Foundation
• Your Foot, My Foot Foundation
• Oak Ridge Youth Development School
• Olive Hill Community Economic Development Corporation
• Thrive USA
• Lights On Girls
• BEAT AIDS Coalition Trust
• Voices of Tamar

What is a Black-led nonprofit?

• The Association of Black Fundraising Executives (ABFE) describes Black-led social change as organizations that are primarily directed by Black individuals, with a majority Black board and executive leadership, and, where relevant, Black staff leadership and constituents. The core mission of these organizations is to amplify the political, economic, and social power of the Black community. Therefore, "Black-led" not only refers to the racial identity and demographic makeup of the leadership but also to the organization's commitment to empowering the Black community to ensure its success and well-being.
• To participate in BackBlack 2024 and to be eligible for funding from our partners, we require that at least 50% of the leadership, board, AND/OR staff are Black, and that at least 50% of your programming benefits the Black community. Our team will conduct a check to confirm.
• Please submit this form to confirm your eligibility and our team will be in touch to confirm your submission.