Leon H Sullivan Charitable Trust: Difference between revisions

Latest revision as of 12:23, 28 April 2020

On June 15, 1962 during a sermon inspired by "Jesus feeding of the multitudes" as found in John 6:1-14, Reverend Leon H. Sullivan announced an unprecedented community investment strategy. His plan involved masses of community people in business ownership and community development. The strategy was called the 10-36 Plan. Each participant was asked to set aside $10 each month for 36 months to raise funds to initiate housing projects, shopping centers, business enterprises and human and social services.

The Zion Non-Profit Charitable Trust, now Leon H. Sullivan Charitable Trust, was the first entity Reverend Sullivan created as part of the 10-36 Plan because he wanted Plan participants to understand the “primary value of charity before profit." The "charitable" act of over 3,000 10-36 Plan participants immediately provided the Trust with a donor base unheard of among Black organizations then and now.

Note: The above descriptive information came from the organization's About page.

In The News

Leon H. Sullivan Charitable Trust Step-Up Scholarship applications being accepted, Philadelphia Sunday Sun, February 7, 2020.

Info

Facebook: thesullivantrust

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 *[http://www.philasun.com/local/leon-h-sullivan-charitable-trust-step-up-scholarship-applications-being-accepted/ Leon H. Sullivan Charitable Trust Step-Up Scholarship applications being accepted], Philadelphia Sunday Sun, February 7, 2020.
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+==Info==
+*Facebook:&nbsp;[http://www.facebook.com/thesullivantrust thesullivantrust]
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+[[Category:Does-Community_Economic_Development]] [[Category:Does-Scholarships]]
+[[Category:Is-Foundation]] [[Category:Is-Nonprofit_Organization]]