The Miami Foundation has played an integral role in investing more than $20 million in more than 600 community-based organizations throughout Greater Miami since Hurricane Irma, the COVID-19 pandemic, and the Surfside building collapse. Since these events, our team has been listening and learning about ways that we can become more proactive in building resilience against future potential disaster events.
In 2022, we launched our Miami Disaster Resilience Fund as part of a unified and proactive approach to build year-round capacity for our local community-based organizations working to prepare our most vulnerable communities and to expedite a response for our community in times of need. Reports show that for every $1 invested in community disaster preparedness, $6 in community savings is produced. This will be a collaborative effort among our local elected officials, donors, and other funders.
This program grew from the Resilient305 initiative – a collaboration of Miami-Dade County, the cities of Miami and Miami Beach – and launches with a $5 million leadership investment from Citadel Founder and CEO Ken Griffin. Significant support for the fund also comes from philanthropists Daniel Lewis and Valerie Dillon, with additional funding from the Key Biscayne Community Foundation, Coral Gables Community Foundation, Greater Miami Jewish Federation, Univision, and others.
With support from this permanent revolving fund, grants will be deployed in the following ways:
- Annual Preparedness Grants: Investments in the organizations working to advance equitable resilience-building, community education, and preparedness.
- Pre-Disaster Stabilization Grants: Reserve funds to deploy to frontline organizations in advance of a disaster event.
- Post-Disaster Recovery Grants: Reserve funds to support long-term equitable recovery.
As we work to ensure our community is prepared for the effects of future disasters, please contact Nikisha Williams for more information.