The Million Dollar Relief Fund
The Black Owned Business Funding and Economy Building Network
-
The Million Dollar Relief Fund
The Million Dollar Relief Fund is a community- and family-based economic stimulus initiative created by the Black Owned Business Funding and Economy Building Network to directly strengthen Black families and reinvest capital into Black communities.
The goal of the fund is to raise $1 million once or twice per year. Each cycle, 100 Black families will be selected to receive a $10,000 direct stimulus. These funds are not loans, carry no repayment requirement, and come with no contractual obligations, other than the expectation that the funds be used in ways that promote long-term stability, growth, and positive impact for families and their surrounding communities.
Intended Uses of Funds
Recipients may use the stimulus in areas such as:
Paying for education or training
Reducing or eliminating high-interest debt
Purchasing reliable transportation
Starting or expanding a business
Child development and family support
Community-based projects and services
Even modest capital injections can create outsized impact. For example, $10,000 applied toward debt reduction can significantly improve a family’s credit profile, while the same amount invested in a small business can support inventory, equipment, licensing, or marketing—often the difference between stagnation and growth.Why This Matters
Generational wealth in many communities has been built through intergenerational transfer of resources—homes, businesses, land, education, and capital. These transfers reduce reliance on debt, stabilize families, and enable long-term planning and development. According to Federal Reserve data, the median White household holds multiple times the wealth of the median Black household, a gap driven largely by historical exclusion from asset ownership and capital access.
Within Black communities, education is often financed through student loan debt, homeownership through high-interest mortgages, and entrepreneurship through personal credit or informal funding, limiting the ability to pass resources to future generations. This persistent lack of capital restricts research and development, business scaling, health outcomes, and community infrastructure—keeping many families in cycles of financial instability rather than growth.
The Million Dollar Relief Fund is designed to interrupt that cycle by circulating capital directly within the community, empowering families to stabilize, invest, and build without predatory financial pressure.It Takes a Village
Communities around the world sustain themselves by intentionally reinvesting in their own people. While individuals may engage globally, thriving groups understand that survival and progress depend on internal cooperation, mutual support, and shared economic responsibility. This includes passing down knowledge, education, businesses, property, and capital so that each generation starts stronger than the last.
Black communities already generate enormous economic value. From music and sports to culture, labor, and innovation, Black influence drives billions of dollars annually. The challenge is not the absence of value—it is where that value flows. Redirecting even a fraction of existing spending toward Black-owned businesses, families, and community initiatives can create measurable change in employment, ownership, and quality of life.A Call to Action
As a people, everything you touch creates value and turns to gold. The Million Dollar Relief Fund was built to harness that reality and convert it into economic power, community stability, and generational wealth. The Black Owned Business Funding and Economy Building Network is committed to the growth, development, and preservation of our people—but this work requires collective participation.
Assist us in assisting you. Together, we can build an economy that takes care of our own and strengthens future generations.
Donate To The Million Dollar Relief Fund By Clicking Below
A little help can go a Long Way!
The Black Owned Business Funding and Economy Building Network
or