In response to Pathway Fund’s survey of 1,000 Black and ethnic minoritised-led organisations, 76% reported having funding rejected because of their race or ethnicity. Moreover, 55% of respondents said they would not trust and approach social investors

Pathway Fund is set to open a £1m programme, funded by the government’s dormant assets scheme, to support 31 Black and ethnic minoritised-led charities and social enterprises in England through the cost-of-living crisis.

Dilys Winterkorn, project director at Pathway Fund, said: “Existing economic disparities are being intensified by the rising cost of living; this threatens the sustainability of many Black and ethnic minoritised-led organisations – like those supported by this programme – and consequently, adversely affects Black and ethnic minoritised-led institutions, too.”