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Our next Montgomery County Funder meeting is Tuesday, July 30th from 9am to 11am at the Community Health Center (on the Abington – Lansdale Hospital campus) at 51 Medical Campus Drive, Lansdale, PA!
Arts foundations and nonprofit leaders are increasingly aware of diversity and equity issues in the nonprofit cultural sector. However, despite this awareness, arts funding is getting less equitable, not more. Just 2 percent of all cultural institutions receive nearly 60 percent of all contributed revenue – up 5 percent over a decade. Funding inequities are systemic and local patterns mirror national ones.
For a decade, Knight Foundation has been intentional about identifying high quality, diversely-owned asset managers when investing its endowment. In response to frequent questions from a variety of stakeholders into the performance of the charitable sector regarding this issue — the questions arising from the general lack of data — Knight Foundation asked Global Economics Group to assess the representation of diverse asset managers among foundations.
Grantmaking with a Racial Justice Lens: A Practical Guide centers the perspectives of racial justice activists first, and then of funders working on change in their institutions, to identify best practices for driving philanthropy beyond racial equity toward racial justice.
An increasing number of foundations are embracing racial equity/equity as a core value, and it is influencing how they see themselves and operate. However, evaluation has for the most part remained untouched. Knowing how race/racism has influenced both, philanthropy and evaluation, deepens our understanding of how philanthropic evaluation practice may unintentionally reinforce racism. Equitable evaluation shifts the current evaluation paradigm to one that centers equity/racial equity, so that it is more aligned with the values and intentions of current day philanthropic endeavors.
In Deciding Together: Shifting Power and Resources Through Participatory Grantmaking, we look at why and how funders are engaging in participatory grantmaking and shifting decision-making power to the very communities impacted by funding decisions. Through examples and insights from a diverse range of participatory grantmakers, we explore the benefits, challenges, and models of participatory grantmaking.