New fund

CLLCTIVLY launches the Kindred Abundance Fund

What's the deal? CLLCTIVLYDealroom has a profile for this one. Try Dealroom → has launched the Kindred Abundance Fund, a $1.28 million place-based initiative supporting community-rooted organisations across Greater Baltimore. It named the inaugural recipients on 11 August 2026.

Where's the money going? The fund awards $705,000 in grants and microgrants, reserves a $75,000 Rapid Response pool opening in October 2026, and establishes a $500,000 zero-interest loan fund.

How it breaks down. Fifteen Infrastructure Grants of $25,000 total $375,000; eight Ecosystem Grants of $40,000 total $320,000; and two microgrants of $5,000 total $10,000. The loan fund was created through CLLCTIVLY's initial $250,000 investment and a dollar-for-dollar match.

Who's behind it? The fund was developed with Elbow FundDealroom has a profile for this one. Try Dealroom → and provides flexible, trust-based investments in organisations, relationships, shared services, and back-office support. The term "Kindred Abundance" was coined by Dr Itihari Toure in a conversation with CLLCTIVLY founder and chief executive officer Jamye Wooten.

Why now? Recipients were unveiled during CLLCTIVGive, CLLCTIVLY's annual day of giving, which mobilised $1,363,382.07 through 5,092 donations from 4,160 donors on 7 August 2026.

Demand outpaced supply. CLLCTIVLY received 98 applications requesting $2.802 million, more than four times the $695,000 available across the two principal grant categories. That left substantial demand unmet in the inaugural round.

The wider need. Among 131 organisations that completed CLLCTIVLY's 2026 capacity questions, nearly seven in 10 flagged fundraising and development as a need. Groups also cited recurring gaps in communications, governance, evaluation, operations, and technology.

"Baltimore's community-rooted organisations do not lack vision, leadership, or solutions," Wooten said. "What is missing is the capital and shared infrastructure that allows an ecosystem to grow."

The signal. The fund reflects a shift towards funding not just individual organisations but the relationships and shared infrastructure between them. With applicants requesting over four times the available capital, the model points to deep unmet demand in local social economies.

Read more: CenlaNow

Image credit: USDAgov

Source: dealroom

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