Thank you for that question.
I'll answer it in two ways.
We absolutely believe there should be an equity benchmark within the philanthropic sector when it comes to grants making.
I mentioned earlier that there is about $7 billion a year in grants making throughout foundations, corporate and community and private foundations within this country. If we applied the 3.5%, which is the Black Canadian population to date, that would account for about $250 million a year in spending. I think that gives you a bit of perspective around what $100 million for supporting Black communities actually means, as well as the disbursement quota that I mentioned earlier with the $200 million philanthropic endowment.
I say that to say that we certainly could use a greater level of investment. For supporting Black communities, that $100 million, as you know, is for one year. What happens moving forward? There's a longitudinal investment that we need to make so that we can really start moving the needle on these disparities that I mentioned earlier, whether it's housing, food insecurity and so much more.