Days after the bombshell announcement that Phil and Penny Knight would contribute $400 million to her new philanthropic investment fund to benefit Portland’s Black community, Rukaiyah Adams says she’s just getting started.
Adams, CEO of the new 1803 Fund, was in Southern California on Wednesday seeking other deep-pocketed investors willing to provide another $400 million to $600 million. That could mean a total approaching $1 billion toward the cause of making generational change for Black Portlanders, with an initial focus on the historically Black neighborhood of Albina.
