Diversity of Asset Managers in Philanthropy
Published:
02/2020
... billion (9.3%) is invested with minority-owned firms, as defined below. Approximately 50% of the $8.62 billion is ... and minority-owned; thus, the sum of the two figures is greater than $8.62 billion.5 The average foundation invests ... in women-owned firms and 7.9% in minority-owned firms. As the histogram below shows, all but four of the 26 ...

