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File photo: The foundation, which grew out of the creation of the Black Lives Matter movement nearly eight years ago, said Thursday that it plans to make up to 3,000 microgrants of $1,000 each to people who it believes need it most.
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NEW YORK — The Black Lives Matter Global Network Foundation is formally expanding a $3 million financial relief fund that it quietly launched earlier this month, to help people struggling to make ends meet during the ongoing coronavirus pandemic.
The foundation, which grew out of the creation of the Black Lives Matter movement nearly eight years ago, said Thursday that it plans to make up to 3,000 microgrants of $1,000 each to people who it believes need it most. The BLM foundation has already begun asking recipients to apply for the Survival Fund grants as it builds out its philanthropic arm.
If approved, the money is deposited directly into recipients’ bank accounts or made available on prepaid debit cards, the foundation said — no strings attached.