Pensions & Investments: It's racial bias, not merely an issue of access
New research shows that Black fund managers must overcome racial bias to win institutional money and are judged more harshly as top performers.
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New research shows that Black fund managers must overcome racial bias to win institutional money and are judged more harshly as top performers.
ABFE: A Philanthropic Partnership for Black Communities (ABFE), recently conducted a study to learn how leaders of Black-led social change organizations in the United States and U.S. Territories describe their interactions with institutional philanthropy.
The Case for Funding Black-Led Social Change intends to spark new energy to vitalize and strengthen the infrastructure for Black-led organizations. The 18-page document was issued by the Black Social Change Funders Network (BSCFN), an initiative forged by the leadership of ABFE: A Philanthropic Partnership for Black Communities and the Hill-Snowdon Foundation.
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.
In 2018, Funders for LGBTQ Issues set out to survey the board and staff of foundations in order to identify how many LGBTQ people worked in philanthropy. In the process, the organization realized that it had an opportunity to not only ask about sexual orientation and gender identity but also to inquire about a range of personal identifiers. With the inaugural Diversity Among Philanthropic Professionals (DAPP) Survey, Funders for LGBTQ Issues asked participants to identify their role within their foundation, their age, gender identity, sexual orientation, race and ethnicity, and disability status. This report lays out the results of the DAPP survey in aggregate form.