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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.
This report by the Funders’ Network for Smart Growth and Livable Communities examines the potential of anchor institutions hold to create lasting and sustainable change—and illustrates how funders are working with anchor institutions to create healthier, more equitable, and economically vibrant places to live and work.
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.
An increasing number of foundations are embracing racial equity/equity as a core value, and it is influencing how they see themselves and operate. However, evaluation has for the most part remained untouched. Knowing how race/racism has influenced both, philanthropy and evaluation, deepens our understanding of how philanthropic evaluation practice may unintentionally reinforce racism. Equitable evaluation shifts the current evaluation paradigm to one that centers equity/racial equity, so that it is more aligned with the values and intentions of current day philanthropic endeavors.
The Fund for the School District of Philadelphia announced a $5 million contribution from Aileen and Brian Roberts, and their family, to give laptops to Philadelphia students so they can begin learning from home by mid-April.