June 5, 2020
The Problem with Color-Blind Philanthropy
New research by Echoing Green and The Bridgespan Group shows that the “color-blind” approach to grantmaking that many philanthropists have long used is not working. While this is often a well-meaning attempt at equity, ignoring the implications of race on the work they fund has only served to disadvantage people of color. In fact, philanthropic efforts that don’t consider race run the risk of exacerbating existing racial disparities or even creating new ones. The authors argue for two big changes in the world of philanthropy. First, funders need to financially support more leaders of color to help them overcome the various barriers they face, including lack of access to potential funders and unrestricted funding. Second, philanthropists need to pay more attention to race-conscious solutions. The authors provide several examples of how foundations have done this.
Read the full article on Harvard Business Review >>
Read the full article on Harvard Business Review >>
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Cheryl Dorsey is president of Echoing Green, a global organization seeding and unleashing next-generation talent to solve the world’s biggest problems.
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Jeff Bradach is the co-founder and former managing partner of The Bridgespan Group, a global nonprofit organization that collaborates with mission-driven leaders, organizations, and philanthropists to break cycles of poverty and dramatically improve the quality of life for those in need.
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Peter Kim is a partner in Bridgespan’s New York office and chief people & culture officer. Peter also co-leads Bridgespan’s racial equity strategy.
The Bridgespan Group would like to thank the JPB Foundation for its generous and ongoing support of our knowledge creation and sharing work.