• Home
  • News
  • Coins2Day 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Leadership

NBA grants to Black communities are already making an impact

By
Marco Quiroz-Gutierrez
Marco Quiroz-Gutierrez
Down Arrow Button Icon
By
Marco Quiroz-Gutierrez
Marco Quiroz-Gutierrez
Down Arrow Button Icon
April 5, 2021, 3:10 PM ET
The NBA has pledged $300 million over 10 years to Black causes.
The NBA has pledged $300 million over 10 years to Black causes.Kevin C. Cox—Getty Images

Subscribe to raceAhead, a weekly newsletter on race, culture, and diversity in corporate America.

The National Basketball Association issued a second $3 million grant Monday to create economic opportunities for the Black community.

Nine organizations across the country will receive the funds to create employment and further career advancement for Black people. It was not specified how much each organization received.

Gale Nelson, president and CEO of one of the grant recipients, Big Brothers Big Sisters of Miami, told Coins2Day his organization will put the money toward developing its workplace mentoring as soon as this month. The mentoring pairs Black and brown high school students with corporate workers who give them career advice and let them job shadow.

“This funding ensures that boardrooms and the workforce are diverse and representative,” said Nelson.

Nelson said the grant will also help the organization continue to support its students with mentoring and professional development workshops after high school so they are ready for internships and the workplace.

Last year, the NBA committed $300 million to establish the NBA Foundation, which is dedicated to creating greater economic empowerment in the Black community. The 30 NBA team owners are collectively donating $30 million to the foundation each year for the next 10 years.

The NBA Foundation focuses on enhancing the work of national and local organizations dedicated to education and employment.

Professional sports leagues have donated money and supported the Black community since last summer’s Black Lives Matter protests following the death of George Floyd. The MLB and the NFL both pledged donations last summer meant to help the Black community.

The nine organizations that received the grants are Big Brothers Big Sisters of Miami, Braven, Center for Leadership Development, City Year, CodeCrew, The Collective Blueprint, NAF, New Heights Youth, and Road to Hire.

Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism, subscribe today.
About the Author
By Marco Quiroz-Gutierrez
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.