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Sky’s The Limit raises black philanthropists in honor of Black Philanthropy Month in August

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As an organization focused on uplifting and supporting entrepreneurs, Sky’s the Limit recognizes the many talents and gifts that black nonprofit entrepreneurs bring to the table and invites everyone to join their free platform.

SkysTheLimit.org (“Sky’s the Limit”), the digital community transforming the playing field for entrepreneurial success, supports black nonprofit entrepreneurs who work for causes they are passionate about — and live to help others.

When it comes to unrestricted income and assets, there are huge disparities between charities run by whites and those run by blacks. This disparity is called the “donation gap” and is a product of the significant wealth and societal oppression of black people throughout history. For example, the average revenues of young black-led nonprofits are 24% lower and unrestricted net assets 76% lower than those of new white-led nonprofits.

The theme for this year’s Black Philanthropy Month is inspired by a quote from Martin Luther King Jr.: Develop new strategies that will advance fairness in fundraising and take concrete action to make a difference in ‘fierce urgency of the moment’.

At Sky’s the Limit, we totally agree. Philanthropy is rooted in structural racism, investing deeply in white-led nonprofits while severely limiting large investments in organizations run by Black, Indigenous, and people of color. These practices keep community solutions at bay, even as COVID-19 has exacerbated racial disparities in health and economic prosperity.

By working together with other black philanthropists, we can bring about meaningful change for underfunded black communities across the country. Having black philanthropists financially support black-led nonprofits is the ultimate way to bring to life the principle that solutions are often held by those closest to the impact of the problem. Recent movements of social injustice and racial recognition have opened the collective spirit of the nation to right the wrongs of the past and finally make room for equality and inclusion. Now is the time for black philanthropists to step up their support for black-owned nonprofits.

As an organization focused on uplifting and supporting entrepreneurs, Sky’s the Limit recognizes the many talents and gifts that black nonprofit entrepreneurs bring to the table and invites everyone to join their free platform to connect with a community of like-minded entrepreneurs and receive mentorship, coaching, and links to business resources and funding. Shout out two of our own nonprofit entrepreneurs – Joshua Funches, founder of the National Youth Bike Council, which promotes and champions cycling, bike safety and youth leadership, and Bikira Radcliffe, founder of United Colors of Cancer, which connects the health divide for the black and brown cancer community. Well done!

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Rodney N.

The author Rodney N.