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Mayor Nichols Announces $105 Million Greenwood Trust

June 6, 2025
in Black Media
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Monroe Nichols, Tulsa’s first African American mayor, has launched a $105 million non-public charitable fund created to deal with the long-term hurt attributable to the 1921 Tulsa Race Bloodbath. (Picture Credit score: Fb / Mayor Monroe Nichols)

By Stacy M. Brown

On Tulsa Race Bloodbath Observance Day, acknowledged June 1, Mayor Monroe Nichols, the town’s first African-American mayor, introduced the Greenwood Belief, a $105 million non-public charitable fund created to deal with the long-term hurt attributable to the 1921 Tulsa Race Bloodbath. 

Talking on the Greenwood Cultural Heart on June 1, Nichols referred to as the Belief a cornerstone of his “Street to Restore” initiative, a plan to unify Tulsa and help the therapeutic of survivors, descendant and the Historic Greenwood District—as soon as often known as Black Wall Road. In Tulsa, solely two identified survivors of the 1921 Race Bloodbath stay: 110-year-old Leslie Benningfield Randle and Viola Fletcher, who not too long ago celebrated her 111th birthday. Each girls attended the observance and neither has ever obtained compensation from the town or the state. 

“This can be a vital step to assist unify Tulsans and heal the injuries that for therefore lengthy prevented generations of our neighbors from with the ability to recuperate from the Race Bloodbath,” Nichols stated. “The Greenwood Belief is mostly a bridge that connects what we as a group can carry to the desk and what the group wants.”

The Belief will give attention to housing, cultural preservation and financial improvement. Of the overall sum, $24 million will help housing and homeownership in Greenwood and North Tulsa. One other $60 million will go towards constructing revitalization and the Kirkpatrick Heights Greenwood Grasp Plan. The remaining $21 million, by way of a Legacy Fund, will help land acquisition, scholarships for descendants, and grants to small companies and organizations. 

Nichols stated the Belief’s first yr will give attention to staffing, planning, and launching its preliminary packages. Will probably be led by a privately funded govt director and ruled by a board of trustees and advisors. He famous that whereas metropolis council approval isn’t wanted to ascertain the Belief, any switch of public land would require a vote. Nichols stated he expects help from lawmakers. 

The Belief is anticipated to satisfy its asset purpose by June 1, 2026, the a hundred and fifth anniversary of the bloodbath. Contributions might embody non-public donations, public funds and property transfers. 

“As we search to make this framework a actuality, I’m desperate to work alongside my fellow Tulsans and companions throughout the nation to create a basic shift in how we additional set up generational wealth, housing alternatives, and restore for therefore many Tulsans,” Nichols stated.

Since taking workplace in December 2024, Nichols has established Tulsa Race Bloodbath Observance Day, launched greater than 45,000 historic data and stays dedicated to the town’s 1921 Graves Investigation. His proposed fiscal yr 2026 finances contains practically $1 million for excavation work at Oaklawn Cemetery. Nichols additionally continues the town’s Group Engagement Family tree Undertaking, funded partially by a Division of Justice Emmett Until Grant, with ongoing family tree workshops, chilly case coaching, and a brand new exhibit on the Greenwood Cultural Heart. 

“The bloodbath was hidden from historical past books, solely to be adopted by the intentional acts of redlining, a freeway constructed to choke off financial vitality, and the perpetual underinvestment of native, state, and federal governments,” Nichols stated. “Now it’s time to take the following massive steps to revive.”

This text was initially printed by Black Press USA.



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