Concerns New Jersey Black Cultural and Heritage Initiative Foundation; requires annual appropriation.

This bill establishes the New Jersey Black Cultural and Heritage Initiative Foundation as a separate nonprofit organization authorized to promote and preserve Black cultural heritage in the state. The foundation will be governed by a 12-member board of trustees including state officials, representatives from various cultural agencies, and public members representing diverse community interests. The bill requires annual funding appropriations and outlines the foundation's structure, including rules for appointing board members, hiring staff, and operating independently from the state government.