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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.
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.
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.