Racial Equity in Lean Foundations: Closing the Gap Between Intention and Impact
Why Racial Equity in Lean Foundations?
The Bridgespan Group and Echoing Green identified two primary factors that hinder philanthropy from helping to advance social change:
1. An understanding of the role of race in the problems philanthropists are trying to solve
2. The significance of race when it comes to how philanthropists identify leaders and find solutions
All too often, funders develop solutions without a race-based lens, even though race is one of the most reliable predictors of life outcomes.
Being able to listen and having humility, curiosity, and a commitment to continual learning are key qualities needed to start one’s racial equity journey. Many lean funders have these traits. However, they must first look internally to evaluate how their demographics and operations could be perpetuating racial inequities.
Source: Exponent Philanthropy