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Grants Roundup
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Peloton Makes First Grants From $100 Million Commitment for Racial Equity and Well-Being

By  M.J. Prest
April 21, 2021
GirlTrek hikers in Estes Park, Colorado in August 2019.
GirlTrek
Peloton has committed $100 million commitment to combat racial injustice and inequity and promote health and well-being, including a grant to GirlTrek.

Here are notable new grant awards compiled by the Chronicle:

Peloton

$100 million commitment over four years to combat racial injustice and inequity and promote health and well-being. The first grants went to organizations in the countries where the fitness company operates: GirlTrek, the Steve Fund, the Center for Antiracist Research, and Local Initiatives Support Corporation in the United States; Sporting Equals in the United Kingdom; TAIBU Community Health Centre in Canada; and the International Psychosocial Organisation in Germany.

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Here are notable new grant awards compiled by the Chronicle:

Peloton

$100 million commitment over four years to combat racial injustice and inequity and promote health and well-being. The first grants went to organizations in the countries where the fitness company operates: GirlTrek, the Steve Fund, the Center for Antiracist Research, and Local Initiatives Support Corporation in the United States; Sporting Equals in the United Kingdom; TAIBU Community Health Centre in Canada; and the International Psychosocial Organisation in Germany.

CNX Resources Corporation

$30 million commitment over six years to make grants that help local communities in the Pittsburgh area, including the broader Appalachian region where the natural gas company operates. Its focus areas are addressing food insecurity; the health and wellness of children and elderly people; individuals with disabilities; access to the internet and information technology; criminal justice; domestic violence; opioid abuse; career training; and water quality.

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Wayfair

$30 million commitment to social-impact investing, including $20 million to the Local Initiatives Support Corporation for its Black Economic Development Fund. The fund will expand access to investment capital and entrepreneurial opportunities for Black communities.

The home-furnishings company has not yet announced how it will allocate the remaining $10 million.

John S. Dunn Foundation

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$25 million commitment to the University of Texas Health Science Center at Houston to augment its behavioral-health programs and expand services that provide mental-health care services for people in need in the Houston area. The grant will also advance research in the treatment of behavioral disorders, create a lecture series, establish 11 endowments for faculty position, and enhance academic opportunities for fellows, residents, and students at the health center.

Raytheon Technologies

$8 million to Smash for a five-year partnership to back two programs that provide educational opportunities, scholarships, and internships to high-school and college students of color who are pursuing careers in science, technology, engineering, and math.

Bloomberg Philanthropies

$6 million to four historically Black medical schools to ensure equitable access to Covid-19 vaccines within Black communities that have been disproportionately harmed by the pandemic. The recipients are Meharry Medical College, Howard University College of Medicine, Morehouse School of Medicine, and the Charles R. Drew University of Medicine and Science, which together shared a previous grant of $100 million from Bloomberg Philanthropies in September.

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Texas Instruments Foundation

$4 million to Educate Texas, a program of the Communities Foundation of Texas, for programs in science, technology, engineering, and math within the independent school districts of Cedar Hill, DeSoto, and Lancaster of southern Dallas County.

#StartSmall

$3 million to AGE Africa, Asante Africa Foundation, Wiser International, and the Women’s Global Education Project for their work to support girls’ education in rural regions of sub-Saharan Africa through the Obama Foundation’s Girls Opportunity Alliance.

Andrew W. Mellon Foundation

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$1.4 million to Michigan State University for Enslaved.org, a database that will publish millions of records to catalog the names and genealogy of enslaved Africans and their descendants.

ECMC Foundation

$1.1 million to the American Indian College Fund to back two programs at tribal colleges and universities in North Dakota and Montana.

MathWorks

$1 million to Americares to support its health programs for people affected by poverty or disaster, including the Covid-19 pandemic.

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Peter G. Peterson Foundation

$1 million to Northwestern University to create the Pandemic Response Policy Research Program, which will evaluate the most effective pandemic policy responses.

New Grant Opportunity

Morgan Stanley is accepting applications for its inaugural Alliance for Children’s Mental Health Innovation Awards, which will give grants as well as consulting and training opportunities to nonprofit groups for projects to improve the mental health of children and young people. A total of $500,000 in grants will be awarded to address adverse mental-health outcomes such as stress, anxiety, depression, and disruptive behaviors in children. Applications are due July 2.

Send grant announcements to grants.editor@philanthropy.com.

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Chronicle of Philanthropy subscribers also have full access to GrantStation’s searchable database of grant opportunities. For more information, visit our grants page.

We welcome your thoughts and questions about this article. Please email the editors or submit a letter for publication.
Corporate SupportFoundation GivingGrant Seeking
M.J. Prest
M.J. Prest has been writing about major gifts, grant making, and executive moves for the Chronicle since 2004.
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SPONSORED, GEORGE MASON UNIVERSITY
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