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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.
HealthSpark Foundation awarded over $316,000 in 10 Innovation Lab grants this year.
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.
IPMF announced $5.5 million in grant renewals for ongoing support to organizations and projects aligned with the Foundation’s program areas.
Grants will support underrepresented communities across the Greater Philadelphia region build their power by documenting, sharing, and preserving their experiences and stories, as well as strengthening their information networks.
The Pew Center for Arts & Heritage announced that it has awarded $10.2 million to 39 Philadelphia-area cultural organizations and artists, including $3.5 million to help ensure the future of several of the most prominent institutions in the city and $1 million in unrestricted fellowships to 12 local artists.