The NY Equitable Economies Coalition Sign On Letter
As organizations committed to race equity, we understand that we must examine any and all opportunities to advance racial and economic justice for communities we care about.  As nonprofits, we are not only doing work in service to our community, we are consumers of services from waste management to strategic consulting, spending millions of dollars combined on an array of services that support our organizations, our people, and our work.  

According to a recent report from the NYC Comptroller’s office, the NYC nonprofit sector contributes $77.7B a year to the NYC economy, hires 662, 025+ of workers (18% of all NYC workers), and represents almost 5% of all NYC establishments.  As far as demographics, over 60% of nonprofit workers are women and over 56% are people of color.

To that end, the collective goal of this coalition is to commit to diversifying our vendors, contractors and consultants, making our best effort to ensure that dollars flow to People of Color (POC) owned/majority POC staffed vendors, contractors, and consultants. This coalition is focused on leveraging its collective economic power to dramatically increase opportunities for BIPOC vendors, contractors, and consultants. We understand that if we can intentionally focus our efforts on ensuring that our dollars flow to POC vendors, contractors and consultants of color, that is another step toward racial and economic justice.  

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Coalition Goals
 
There are two main deliverables of the collective coalition in year 1:

1. The development of a best practice’s toolkit.

2. The development of a BIPOC vendors, consultants, contractor’s database.

3. Continue to grow coalition membership.

Organizational Goals
Year 1 Commitments:

1. Complete the Equitable Economies Coalition - Internal Organizational Assessment administered by the coalition. It should take 15 minutes to complete. (https://www.surveymonkey.com/r/NYSEEC)

2. In partnership with other coalition members, explore current organizational vendor and consultant procurement processes and develop a best practices toolkit that will be shared with the sector.

3. Distribute BIPOC vendors coalition survey. The data collected from the survey will help to build a database of BIPOC vendors that nonprofits can access to increase their BIPOC vendor procurement opportunities, regardless of MWBE certification.

Year 2 Commitments:

4. Help coalition refine best practices toolkit.

5. Utilize the database of BIPOC vendors the coalition creates to increase sourcing and hiring of BIPOC vendors, contractors and consultants.

6. Begin to put processes in place to increase the sourcing and hiring of POC vendors, contractors, and consultants across the supply chain (e.g., waste management, planning, landscaping, communications, procurement of different supplies, strategic consulting, etc.).

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