NBA Foundation Sends Millions in Grants to Black-owned Businesses

The NBA Foundation today announced 22 new grants totaling $6 million to help create employment opportunities, further career advancement and drive greater economic empowerment for Black youth.

The grant recipients were named as part of the NBA Foundation's third grant round on the one-year anniversary of its incorporation on Aug. 6, 2020.

In its first year, the NBA Foundation has awarded 40 grants, inclusive of those announced today, totaling $11 million to nonprofit organizations.

The grants help enhance the impactful programs of these national and local organizations in alignment with the NB...