Black Opportunity Fund calls for ‘an immediate stay’ of announcement of Black-led endowment fund RFP winner, citing concerns with process transparency
A spokesperson for Employment and Social Development Canada says the government has selected one organization to run the Black-led endowment fund, based on an “independent, fair, transparent, and objective” review of all of the proposals.
Why It Matters
The federal government says they will soon announce the winner of a procurement process to select the steward of a $200 million endowment fund for Black communities. One proponent, the Black Opportunity Fund, says the process used to select the winning proponent, however, lacked due diligence and transparency, undermining the credibility of whichever organization is selected.
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