05.11.21
Equitable Communities
News

Funders come together to launch
The CARE Fund

Today the W.K. Kellogg Foundation comes together in partnership with seven other leading and diverse philanthropic organizations to announce the formation of The Care for All with Respect and Equity (CARE) Fund. This $50 million, multi-year, pooled fund will make investments in bold, transformational change to build comprehensive care infrastructure that works for everyone.

“At the W.K. Kellogg Foundation, children are at the heart of everything we do,” says La June Montgomery Tabron, president and CEO of the Kellogg Foundation. “Comprehensive, bold investments in what children and families of color need to be healthy and economically secure are necessary for lasting, transformational change to happen. The CARE Fund is uniquely positioned to do just that, bringing together a breadth of funders focused across issues of health, racial and gender equity, early childhood and worker justice to secure an economy that honors and values care.”

The CARE Fund, which has already issued its first grants, will invest in:

The CARE Fund includes commitments and pledges from grantmakers across issue areas, including the Ford Foundation, W.K. Kellogg Foundation, Schusterman Family Philanthropies, Robert Wood Johnson Foundation, Heising-Simons Foundation, the Perigee Fund, Pivotal Ventures and Open Society Foundations. Housed at Rockefeller Philanthropy Advisors, the fund already made $2.5 million in rapid response grants to meet the urgency and opportunity of this moment. These grants include support for leading advocates who are coming together to hone strategies and build a broader, more powerful movement for care. Use #TheCAREFund to join the conversation.