BECU awards $ 150,400 grant to Kent-based Mother Africa

Based in Kent Mother Africa will receive a grant of $ 150,400 from BECU’s Black Community Development Project.

As a non-profit financial cooperative, BECU announced on November 18 the 2021 non-profit beneficiaries of its Black Community Development Project, a commitment of $ 5 million over the next five years ($ 1 million dollars per year) to support racial equity in its communities in Washington. and South Carolina, according to a press release from BECU.

Mother Africa, based in Kent since 2013, works with immigrant and refugee women and their families facing unique challenges in their adopted country, according to the association’s website. It works directly with the African community to improve access to health, education, security and independence while celebrating diversity and engaging leaders.

“In our second year of this project, BECU is even more determined in its commitment to invest in programs that help reduce economic disparities and promote equitable opportunities in our communities,” said Benson Porter, President and CEO. of the management of BECU. “I am inspired by the work of these organizations and by our employees who are leading this project. Guided by our purpose and working together, we can make an impact on the emotional, physical and financial well-being of BIPOC communities (Black, Indigenous and People of Color).

Driven by the goal of the project, BECU partners with local nonprofits focused on improving the well-being of the Black community, is led by Black leaders, and employs a predominantly multicultural staff who are representative of the Black community. communities served.

The program distributes funds to deserving organizations focused on promoting equitable opportunities in areas such as education, housing, civil rights advocacy and more.

Mother Africa was one of six groups to receive an invitation-only community impact grant. The two years of funding ($ 75,200 per year) will focus on reducing barriers and creating opportunities to improve the financial health of the Black community in one or more of the following categories:

Financial stability (education or workforce development), financial resilience (entrepreneurship or credit repair / wealth building) and financial education and literacy (home ownership or underbanked communities).

In addition to Mother Africa, this year’s invitation-only grant recipients include Seattle-based Brothers United in Leadership Development (BUILD); Urban League of the Charleston area (South Carolina); Tacoma Schools Foundation; Seattle-based Technology Access Foundation; and Auburn-based Your Money Matters mentorship.

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