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Funding for racial justice

A £4 million fund from Trust for London and City Bridge Foundation to increase economic empowerment among London’s Black and minoritised communities

Racial Justice 02 White

Race and poverty in the UK are clearly linked. Black Londoners are twice as likely to be in poverty than white Londoners.

In 2022 we launched a new racial justice fund with a focus on increasing economic empowerment in London’s Black and minoritised communities. We gave out £840,000 to six organisations under the first phase of funding.

Applications for the second phase closed on 16 October 2023.

Aims

Our focus is on tackling racial injustice by reducing poverty in London’s Black and minoritised communities. To do this, we need to:

  • increase household income in Black and minoritised communities. When we talk about income, we mean the amount of money households earn; and
  • increase the amount of household and community wealth in Black and minoritised communities. When we talk about wealth, we mean the value of assets that households and communities hold.

Collectively, we call this economic empowerment. Fundamentally, we do not think you can have racial justice without economic empowerment.

How it works

The racial justice fund supports new and exciting ideas in Black and minoritised organisations that are working to increase incomes and wealth in local communities in London. Fund details:

  • £4 million in total given out over two years
  • Grants for up to five years
  • Development grants available
  • Flexible funding for core and/or project funding

How to apply

Applications for phase two funding closed on 16 October 2023. Successful expressions of interest will be invited to the second stage in the week commencing 20 November 2023.

Key dates

Date Event
Tuesday 5 September 2023 Applications open for expressions of interest
Tuesday 19 September 2023, 10-11:15am Information webinar (1)
Thursday 21 September 2023, 10-11:15am Information webinar (2)
Monday 16 October 2023 Deadline for expressions of interest
Monday 20 November 2023 Successful expressions of interest invited to apply
Friday 22 December 2023 Deadline for submission of full applications
April 2024 Grants awarded

Read the guidance

Racial justice fund guidelines cover

05 September 2023

Racial justice fund - funding guidelines 2023

Information webinar

Watch our information webinar and download the presentation slides.

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Applying for the fund

Hear more about the fund from programme lead Ugo Ikokwu, who shares his top tips of things to think about when applying.

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Get in touch

Ugo leads on our racial justice fund work