 In 2016, the Ford Foundation announced plans to fund M4BL in a "six-year investments" plan, further partnering up with the philanthropic intermediary Borealis Philanthropy, the Movement Strategy Center, and Benedict Consulting to found the Black-led Movement Fund.Borealis Philanthropy lists the "Black Lives Matter Global Network" among other organizations among its grantees.The sum donated by the Ford Foundation and the other donors to M4BL was reported as 100 million dollars by the "Washington Times" in 2016; another donation of 33 million dollars to M4BL was reportedly issued by the Open Society Foundations.