“The commitment is to many communities and organizations, not to one nonprofit or group. spokesperson explained to Check Your Fact via email. The $200 million commitment over five years aims to fight racial inequality and injustice and enhance the lives of the Black Community through investments in education and economic development,” a Foot Locker, Inc. announced Leading Education & Economic Development (LEED) following the death of George Floyd. The announcement for the LEED initiative further pledges efforts such as purchasing “more products from Black-owned businesses,” investing in “relevant education programs for Black team members with our Black Employee Resource Group called B.U.I.L.D.,” and increasing “marketing spend with Black-owned companies, entrepreneurs, creators and collaborators.”
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Among other measures, it also includes $150,000 in new funding to increase the number of scholarships to the United Negro College Fund for the 2020-2021 academic year and a $5 million investment commitment to MaC Venture Capital, a “Black-led VC firm that is dedicated to advancing businesses with diverse leaders.” The LEED initiative includes a $250,000 investment over five years to add 50 more scholarships for black team members through the Foot Locker Associate Scholarship Program and a $750,000 commitment to “building the next generation of Black designers through the development of multiple design education programs, scholarship opportunities, and internships and apprenticeship programs,” according to the Foot Locker website. The announcement about the initiative, Leading Education & Economic Development (LEED), and the webpage detailing its efforts do not mention the Black Lives Matter Global Network Foundation. While Foot Locker did announce in June 2020 that it is committing $200 million “towards enhancing the lives of its team members and customers in the Black community through economic development and education” over five years, there is no indication the company donated $200 million to Black Lives Matter. Can you say ‘Karma’?” (RELATED: Was Daunte Wright’s Warrant For Aggravated Robbery?) “Oh the irony ……… This is the Foot Locker store,” claims the post’s caption. We support the Black community.” The post suggests the damaged storefront is a Foot Locker store. In the picture, a banner hanging above the doors says, “Racism has no place here. The post making the claim about Foot Locker allegedly donating to Black Lives Matter also includes a photo of a storefront with smashed windows.
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