Photo Credit: Drew Gurian

The Social Justice Fund is partnering with Brooklyn Alliance Capital and TruFund Financial along with the Brooklyn Chamber of Commerce to unveil Brooklyn EXCELerate, a series of zero or low interest loans to help Brooklyn’s BIPOC business owners get back on their feet post-pandemic and support equitable economic momentum in Brooklyn.

Social Justice Fund Announces EXCELerate, New Loan Program to Help Brooklyn’s BIPOC Small Business Owners Get on their Feet Post-Pandemic; Gregg Bishop Appointed as Executive Director

The Brooklyn Nets have partnered with the New York City Department of Education (NYC DOE) and the Fund for Public Schools to create an educational arts program about the work of Brooklyn-born artist Jean-Michel Basquiat. The program was funded by the Social Justice Fund of the Joe and Clara Tsai Foundation, which supports racial justice and equality initiatives benefitting Black, Indigenous and People of Color.

Joe and Clara Tsai Announce First Five Black Leaders to Receive Grants from Social Justice Fund. Photo by Ryan Lash

CNBC: Brooklyn Nets owners will use character, not credit scores, for $2.5 million loan program that helps Black businesses

New York Daily News: Clara Wu Tsai’s EXCELerate is a ‘win-win-win-win’ for Brooklyn and Black Business.

Sportico: Nets Owners Begin $50 Million Social Justice Pledge with Business Loans

Inside Philanthropy: The Brooklyn Way: How A Billionaire Couple’s Philanthropy Evolved to Support Social Justice

Philanthropy News Digest: Social Justice Fund launches loan fund for Brooklyn BIPOC businesses