The Prosperity Foundation has been awarded a $1 million grant from the Connecticut Social Equity Council (SEC) to support a Community Reinvestment Pilot Program, part of a $6 million reinvestment program. This funding is to be used for the purposes of developing, expanding, and supporting programs that uplift communities in Disproportionately Impacted Areas (DIA) and strengthening families impacted by the “War on Drugs”.
The Prosperity Foundation is deeply in alignment with this Community Reinvestment Pilot Programming, as we are dedicated to addressing inadequate outcomes across a number of factors specifically in regard to health, education, and economic mobility.
The Prosperity Foundation is honored to be selected as one of six grant recipients under this inaugural round of funding from the SEC, receiving $1,000,000.00 to support organizations in the city of New Haven. The six recipients are:
The Prosperity Foundation, Inc.
Neighborhood Housing Services of Waterbury
The Hispanic Federation
Community Foundation of Eastern Connecticut
United Way of Coastal Fairfield County
United Way of Western Connecticut
Executive Director, Orsella Hughes of The Prosperity Foundation encouraged community organizations to amplify and outline their needs. “This is about ensuring that all communities take part in the accountability of both restoring and repairing our individual faith in our collective humanities.”
About The Prosperity Foundation
Throughout the nation, Black families are disproportionately affected by structural imbalances, institutional racism, and economic inequality. The Prosperity Foundation is a community fund established to strengthen Connecticut’s Black communities in critical areas such as health, education, and economic development. Our mission is to create a sustainable system of support to meet the unique needs of Black communities in
Connecticut. The organization is designed as a permanent endowment vehicle that provides opportunities to Connecticut’s Black communities to access capital to meet their unique needs. TPF also enables community members to engage in philanthropy by creating their own funds on our platform. Through coordinated, focused efforts, TPF believes that philanthropy funded and managed by Black people is a viable and sustainable means of addressing critical social and economic gaps in Black communities.
The application will be announced at a later date. We encourage you to continue checking for the posted application on our website: www.tpfct.org and subscribe to our mailing list for upcoming announcements, deadlines, and frequently asked questions.
If you have any questions, please contact us via email at: info@tpfct.org.