Target to invest $100 million in Black-led organizations
The new announcement adds to the retailer's earlier funding initiatives toward social justice and racial equity
October 13, 2021
Target Corp. will invest $100 million in Black-led organizations through 2025 as it continues to realign its philanthropic priorities.
The investment, which will include non-profits and programs that work to elevate Black voices, will be made through the Minneapolis-based retail chain and its foundation "to help fuel economic prosperity in Black communities across the country," according to a Target blog post Tuesday.
It is the latest in the retailer's financial commitment to Black organizations and businesses since the Minneapolis police killing of George Floyd last year.