Washington D.C., 14 September, 2023 / 1:55 pm (ACI Africa).
A foundation that is raising money for the descendants of people who were enslaved by Jesuits announced $27 million in new contributions, more than doubling the total fund, which has now reached $42 million.
The new money came from two large donations: a $10 million contribution from Georgetown University and an estimated $17 million from the Jesuits. The Jesuit funding includes the estimated value of a former plantation that is owned by Jesuits and another $10 million.
With the additional funding, the Descendants Truth & Reconciliation Foundation’s fund has now reached 42% of its five-year goal of $100 million. The organization’s final goal is to ultimately reach $1 billion.
Monique Trusclair Maddox, a fourth- and fifth-generation descendant and CEO of the foundation, said in a statement that the contributions are a meaningful step.
“These contributions from Georgetown University and the Jesuits are a clear indication of the role Jesuits and other institutions of higher education can play in supporting our mission to heal the wounds of racism in the United States, as well as a call to action for all of the Catholic Church to take meaningful steps to address the harm done through centuries of slaveholding,” Maddox said.