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Westchester Reporter

Saturday, November 2, 2024

How much was donated from Westchester County organizations to the Black Lives Matter movement?

Black lives matter 5

By March 22, five organizations registered within Westchester County had donated to the Black Lives Matter movement, according to the BLM Funding Database.

$1,155,875,000 was donated or pledged by these companies between 2020 and the present date.

Mastercard Incorporated pledged the highest donation among area organizations and businesses, claiming to commit $500,000,000 to the Black Lives Matter movement.

Of the five organizations which pledged to donate to Black Lives Matter in recent years, three of them were confirmed to have fulfilled their pledge and actually donated the amount of money they said they would. It's unclear or unknown if the other organizations followed through with their pledges.

Organizations from Westchester Who Donated to the Black Lives Matter Movement
OrganizationDonated amountDetails
Mastercard Incorporated$500,000,000"As a part of our journey to build an economy that works for everyone, everywhere, we are investing $500M in Black communities over the next five years. We believe in doing well by doing good and as a result are committing to connect 1 billion people to the digital economy by 2025. This pledge is an extension of those efforts, connecting Black businesses to products, services, technology and financial support that will help to close the racial wealth and opportunity gap . . . With half of all Black Americans excluded from the financial mainstream and Black-owned small businesses blocked from funding, we’re working to deliver immediate impact for Black communities by focusing on these three areas: 01. Expanding city programs to support black communities, 02. Affordable financial tools and services, 03. Capital and resources for Black-owned businesses." Mastercard also instituted an employee charitable gift matching program.
PepsiCo, Inc.$400,000,000More than $400M in "pledges of investments to address economic and racial inequality." Includes $20M over five years to provide grants for social programs in Black communities and financing for Black-owned restaurants and Black non-profit CEOs; invest $50M over five years to strengthen local Black-owned businesses. Partnered with OneTen.
International Business Machines Corporation$252,000,000Pledged $2M to social justice partners advocating for racial equity and $250M for "apprenticeship and New Collar programs, which offer an alternative path to in-demand skills and tech industry jobs," citing OneTen, of which IBM is a co-founder and partner.
Regeneron Pharmaceuticals, Inc.$3,850,000Continued to contribute more than $3.1M annually to support STEM outreach and equity programs for students underrepresented in the sciences. Launched a $750,000 employee charitable gift matching program to double-match donations in support of racial equality and social justice causes.
Eileen Fisher Inc.$25,000$25,000 across the Loveland Foundation and the NAACP Legal Defense Fund.

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