Borealis Philanthropy will sunset our Racial Equity in Philanthropy (REP) Fund in 2025, awarding all twenty-five REP grantees an unrestricted sunset grant with the closing of the fund.
The newest grants, amounting to nearly $2.6 million, have been awarded to the University of Texas at Austin, the University of Illinois Chicago, Vanderbilt University, and the University of Virginia.
The Foundation expects to distribute $500,000 with grants ranging from approximately $15,000 to $75,000 to 10 to 20 organizations depending on the organizations and the number of applications we receive.
The latest grants support timely efforts to advance progressive social change, like an arts program to empower Latino immigrant youth, protect the culture and identity of our Island’s indigenous tribes, and more.
Over $1.5 million in funding awarded in Foundation's latest round of grantmaking to directly address urgent issues currently facing New York City and beyond with newly expanded geographic reach