Genentech is starting a new kind of health equity fund looking through a racial justice lens that it hopes others in the industry will follow.
It recently launched the Community Health Justice Fund, which is aimed at advancing equity in healthcare by funding groups working for racial justice, but not always directly tied to healthcare.
It’s funding St. Louis nonprofit Wepower, which is working to build new education and economic systems for the Black and Latino communities there. Another grantee among the 10 first funded is Texas-based Go Austin/Vamos Austin (GAVA), working to strengthen local communities through improved nutrition, child care resources, neighborhood stability and equitable policy advocacy.
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