In recent years, philanthropic organizations have made concerted efforts to diversify their leadership, culture, and staff, seeking to become more inclusive and representative. Diversity initiatives have flourished in philanthropic institutions as a result. This paper outlines best practices with proven results that foundations can use to find and create a diverse and inclusive staff and investment advisory team. Readers will learn how to make the business case for more diverse and equitable strategies and link success in this area with investment results. Readers will also learn about the Association of Black Foundation Executives’ Investment Manager Diversity Pledge that foundations and Read more
This guide will help you communicate with a variety of audiences about the importance of advancing diversity, equity, and inclusion in philanthropy and help your organization better achieve its mission. The language can be used as a reference or as a template for preparing materials and presentations.
The Analysis of Policies, Practices, and Programs for Advancing Diversity, Equity, and Inclusion (full report; executive summary, released in Fall, 2013) is a useful tool for foundation staff, leadership and other members of the philanthropy community who want to take action to advance DEI. It provides a comprehensive scan of existing written and web-based resources from philanthropy and the more general fields of organizational effectiveness and social justice in order to identify existing policies, practices, and tools that can inform and guide philanthropic action.
This is the second in a series of three webinars based on Essentials of Impact Investing: A Guide for Small-Staffed Foundations, produced in conjunction with our partners at Arabella Advisors and Exponent Philanthropy. This new impact investing how-to guide is a must for foundations with few or no staff who want to align their investments with their mission. In Common Ways to Engage in Impact Investing you will hear about some of the diverse impact investing strategies that small-staffed foundations are putting to use. Foundations employ a variety of tactics, from below-market to market-rate investments, and across asset classes and Read more
Diverse communities are molding and stretching models of giving to fashion something new. Funds and foundations are a promising and growing tool used to organize racial, ethnic and tribal giving. Sometimes called “ethnic funds,” these are typically public foundations that mobilize the giving resources of a community for that community’s benefit. This involves organizing groups of donors to invest in the foundation, pooling resources, developing giving priorities and a process, and making grants. Usually, donors contribute to a pooled fund, and make grants from that fund through a collective decision making process. By pooling resources, donors come together to have Read more
Philanthropists are turning to diversity and inclusion as tools for effective giving. Adding these concepts to basic due diligence can create a philanthropy that is both responsive and efficient.
These first-person accounts from a community foundation’s CEO and the investment advisor provide candid assessments of how they addressed the issue of increasing investment manager diversity. The hope is that by sharing these observations other foundations and their investment advisors will find the courage to discuss and address the issue of investment manager diversity, the hardest taboo to break.
Racial inequities in health care, education, incarceration rates and economic stability have persisted, in spite of federal policies to promote equity. The Denver Foundation launched what is now known as the Inclusiveness Project in 2002 to help nonprofits, including funders, become more inclusive of people of color. The Project defines diversity as one component of inclusiveness; inclusive organizations are defined as learning-centered organizations that value the perspectives and contributions of all people. The Project operates on three levels: individual, organizational and sector. An extensive evaluation has shown that there are impacts at all levels, including increasing the number of people Read more