Explanation
Background: This ordinance authorizes the City Clerk to enter into a grant agreement with Keys to Black Wealth LLC in support of their 6th Annual Black History Month Experience event.
The mission of Keys to Black Wealth is to help black & brown people create, sustain, and transfer generational wealth. The organization seeks to fulfill this mission by offering relevant and creative wealth building programs to Columbus residents. Keys to Black Wealth employs an innovative delivery concept called edutainment, in which the combined efforts to education and entertainment to facilitate educational programming.
This grant will support the annual Keys to Black Wealth Black History Month Experience, their signature program. The program serves hundreds of participants with content emphasizing how wealth and technology intersect, highlighting opportunity for generational wealth attainment. The program received support from Telhio Credit Union, Freedom Equity, and COSI. Grant funds may provide for the reimbursement of venue costs, marketing costs, supplies, services, and/or personnel costs. Grant funds will not be used for any food and/or beverage costs.
Fiscal Impact: Funding is available within the Job Growth subfund.
Emergency Designation: The annual Black History Month Experience took place during Black History Month in February. It is essential that the organization receives reimbursement funds in a timely manner. These funds could not be authorized prior to the event due to the timing of the authorization of the city’s operating budget.
Title
To authorize the City Clerk to enter into a grant agreement with Keys to Black Wealth LLC in support of their annual Black History Month Experience event; to authorize an appropriation and expenditure of $10,000.00 within the Job Growth subfund; and to declare an emergency. ($10,000.00)
Body
WHEREAS, Columbus City Council seeks to promote policies and programs that support economic stability, racial equity...
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