The Chicago Community Trust - Flexible Funding Program

The Chicago Community Trust is committed to the goal of closing the racial and ethnic wealth gap. Catalyzing neighborhood investment is one of the strategies helping to achieve this goal. The strategy focuses on the ecosystem that conditions how investment happens in underinvested black and Latinx communities. Equitable investment in neighborhoods cannot happen without the leadership of community-based organizations. That means these organizations need access to funding that is focused solely on the state of the organization rather than its programs and initiatives. The Flexible Funding Program provides three distinct types of “flexible” dollars to organizations in black and Latinx neighborhoods. To receive flexible funding support, the organization must be black or Latinx-led, and its work must align with the trust’s catalyzing neighborhood investment strategy.