Kindred Futures (KF) has received a $1 million grant from the W.K. Kellogg Foundation to support pathways to business ownership for African Americans in metropolitan Atlanta with a focus on improving owner outcomes and financial security for employees, neighborhoods and the broader economy in order to become a platform designed to close the racial wealth gap.

The grant from the Kellogg Foundation, along with support from Annie E. Casey Foundation and The Kendeda Fund, will strengthen KF’s ability to address wealth disparity in Atlanta. Kindred Futures holds a unique position among Atlanta nonprofits, as the only organization to focus on the creation of an ecosystem that intentionally promotes the democratization of the local economy and the ownership of wealth in all Atlanta communities. While Atlanta has the 10th largest Gross Domestic Product (GDP) in the nation, it is also ranked as the worst city for income inequality (Brookings, 2018), which particularly impacts systemically disenfranchised communities, including communities of color.