Truist Foundation Announces Kindred Futures As Top Recipient of the Inaugural Inspire Awards Grant (Truist)

Truist Foundation today announced Kindred Futures as the top recipient of the inaugural Inspire Awards grant, a program inviting nonprofits that support Black-, Indigenous-, and people of color- (BIPOC) and women-owned small businesses across the country to submit innovative solutions to address the complex challenges facing small businesses. The inaugural event was hosted by TV personality and author Lisa Ling.

After each nonprofit finalist pitched their solutions to a panel of expert judges, Kindred Futures was named the recipient of a $250,000 grant to bring its project to life. Kindred Futures is addressing Atlanta’s racial wealth divide with a solution focused on bolstering Black businesses through research and data, growth and scale, workforce development and retention, and anti-displacement.

A Focus on Community Capital (Changing the Trajectory)

Why is Atlanta, long known as a mecca for upward-mobile African-Americans, number two in America in income inequality? And as home to the second-largest number of Black-owned businesses in the country, why are their employees often not counted in census data?

Latresa McLawhorn Ryan of Kindred Futures shares with Changing the Trajectory how her nonprofit challenges systemic bias and introduces new systems and structures of capital to achieve shared prosperity. Learn how KF helps people of color build wealth in a way that has a responsibility to community.

Campaign Launches To Strengthen 1,000 Black-Owned Businesses In Atlanta (Annie E. Casey Foundation)

Kindred Futures (KF) recent­ly kicked off an effort to help 1,000 Black-owned busi­ness­es in Atlanta either hire their first employ­ee or offer liv­ing wages to cur­rent workers.

Called the Advanc­ing Enter­prise Pros­per­i­ty: 1,000 Black Busi­ness­es in 1,000 Days Cam­paign, the effort will focus on com­pa­nies in high-growth sec­tors in Atlanta’s South­east, South­west and North­west areas as well as along the Atlanta Belt­Line.

The cam­paign stems from a col­lab­o­ra­tive — launched by The Kende­da Fund and the Annie E. Casey Foun­da­tion in 2017 — that aims to expand com­mu­ni­ty wealth build­ing strate­gies with an end goal of clos­ing the city’s racial wealth gap.

Kindred Futures, Formerly AWBI Launches $500,000 Small Business Relief Fund for African American Businesses (Metro Atlanta CEO)

Seeking to offer support and financial stability to small businesses in Atlanta that have been hard hit by the COVID-19 crisis, Kindred Futures (KF) today announced it has launched the COVID-19 Small Business Relief Fund. The program will make $500,000 in grants and forgivable loans available to qualified African American businesses in Southwest, Southeast, and Northwest Atlanta.

According to KF, the resources will be distributed in three ways: as general operating support grants for nonprofits supporting the Black business community; as grants for community-based small businesses, as well as forgivable loans to small businesses that can also serve as a vehicle to establish business credit for those who are able to pay off the loan. Since the COVID-19 crisis hit Atlanta, Kindred Futures has already provided support to 15 small businesses across the city including Local Green, a Westside Atlanta restaurant focused on reducing health disparities in underserved populations by providing healthier food choices to communities who need it most.