JustFund streamlines the grantmaking process for organizations and funders by creating a platform that emphasizes simplicity, transparency, and equity. Their system allows funders to easily connect with organizations seeking grants, facilitating the movement of funds in a way that prioritizes trust. Since its inception in 2017, JustFund has successfully transferred over $83 million to support around 3,000 organizations, demonstrating its effectiveness in the grantmaking space. What sets JustFund apart from its competitors is that it was developed by funders and organizers of color, focusing on removing traditional barriers and fostering a community that values trust and equity. The goal of JustFund is to reset philanthropy by building new models of giving that align with these values.

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JustFund

Fintech startup JustFund accelerates growth with $86 million capital raise.

Fintech startup JustFund accelerates growth with $86 million capital raise

The misalignment and expectations of Black, Indigenous and Women of Color leaders come at a significant cost to organizations - and our economy. In a conversation with Mỹ Tâm H. Nguyễn a management consultant and coach to high profile executive women, we discussed five ways in which tradition models of leadership have failed women of color leaders and the shifts we can make to address them.First of all, how did we arrive at $172B.$172B is the cost of attrition attributed to racial inequity over a five year period (SHRM). It is what is lost in hiring and re-hiring employees, who leave after relatively short tenures due to deeply ingrained and systemic discrimination, microaggressions, lack of career advancement and often, hostile work environments. It represents employees of color who cycle through low wage jobs due to a lack of health benefits, sick leave, paid family and medical leave and other safety nets.A not insignificant portion of that figure is the loss of leaders of color, in particular women of color. Like those of Audie Cornish, Lulu Garcia-Navarro and Noel King from NPR, Bozama Saint John, who departed Netlfix after just two years to “live out loud”, and countless DEI executives with similarly short tenures.When women of color (WoC) leaders leave organizations, they take with them drive, innovation and perspectives that support an increasingly diverse workforce

Supporting Women Of Color Can Close The Wage Gap And Add $172B To The Economy

SAN FRANCISCO--(BUSINESS WIRE)--JustFund, the first and only nonprofit grantmaking solution created by funders and organizers of color, is pleased to announce the hiring of three new senior leadership roles: Katie Branch as JustFund’s Director of Customer Experience, Preeti Shukla as JustFund’s Head of Product and Engineering, and Marci Ovadia as JustFund’s Director of Marketing and Communications. These hires are in addition to the promotion of Melody Lee as JustFund’s new Chief Operating Officer. Lee has served as a critical leader for the organization over the last four years and moves into the COO position to oversee operations during this stage of growth.“This new set of senior hires reflects just how hungry the philanthropic sector is for an equitable grantmaking solution that puts their values of trust and equity into practice. With Melody Lee moving into the COO role and our new leadership team in place, JustFund is poised to support the growing movement to reset philanthropy for good,” said Iara Peng, Founder and CEO of JustFund.This announcement follows the hiring of Afi Tengue as the organization’s Director of Donor Engagement and JustFund’s celebration of its fifth anniversary with the release of its inaugural Impact Report.“With the addition of Katie, Preeti, and Marci to the JustFund team, we are well positioned to lead, grow, and scale our impact. I’m thrilled to move into the COO role and help provide critical leadership to JustFund. I'm excited for us to be moving into this next phase of our growth

Justfund Announces Expansion Of Senior Leadership Team Signaling Increased Demand For Equity-Centered Solutions To Grantmaking

Streamlines grantmaking for organizations and funders

JustFund

Streamlines grantmaking for organizations and funders

JustFund

Streamlines grantmaking for organizations and funders

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