Diversity of Asset Managers in Philanthropy
Published:
02/2020
... 50% of the $8.62 billion is invested with firms that are both women- and minority-owned; thus, the sum of the two figures is greater than $8.62 billion.5 The average foundation invests 13.3% of ... assets with diversely-owned firms. Over half invest more than 10% of their assets with such firms. Two foundations ...