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Saturday, November 16, 2024

How much was donated from Mecklenburg County organizations to the Black Lives Matter movement?

Black lives matter 2

By March 22, three organizations registered within Mecklenburg County had donated to the Black Lives Matter movement, according to the BLM Funding Database.

$18,259,800,000 was donated or pledged by these companies between 2020 and the present date.

Bank of America Corporation pledged the highest donation among area organizations and businesses, claiming to commit $18,250,000,000 to the Black Lives Matter movement.

Of the three organizations which pledged to donate to Black Lives Matter in recent years, two of them were confirmed to have fulfilled their pledge and actually donated the amount of money they said they would. It's unclear or unknown if the other organization followed through with its pledges.

Organizations from Mecklenburg Who Donated to the Black Lives Matter Movement
OrganizationDonated amountDetails
Bank of America Corporation$18,250,000,000$1.25 billion/5-year commitment to support "economic opportunity initiatives to combat racial inequality accelerated by the global pandemic. As of March 30, 2021, $350 million had been expended on various social justice initiatives including $25 million for the Smithsonian's "Race, Community, and Our Shared Future" Initiative. A significant amount of the pledged money is being spent on social justice initiatives that are related to the BLM movement. $2B Equality Progress Sustainability Bond to advance racial equity, economic opportunity, and environmental sustainability. $15B affordable homeownership commitment through 2025. Partnered with OneTen.
Truist Financial Corporation$7,000,000$7M grant to Purpose Built's Racial Equity Ambassadors program.
Honeywell International Inc.$2,800,000Undisclosed donations toward racial justice.

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