Knowledge Letter - November 2021 - Endow Black-Led Nonprofits; [Webinar] Equitable Funding Practices

Why donors are apprehensive about endowing Black-led nonprofits, and why they shouldn't be
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November 2021
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Knowledge Letter
Strategies for Social Impact

Endow Black-Led Nonprofits

By William Foster and Darren Isom

Endowments can set a nonprofit up for long-term success, yet US-based social change organizations get just a humble slice of the total endowment pie. And Black-led nonprofits get the crumbs. In Stanford Social Innovation Review, Bridgespan’s William Foster and Darren Isom make the case for why funders should reconsider this ultimate form of trust-based philanthropy.
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Practical steps funders interested in racial equity can take to close the gap between good intentions and impact.
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Funding Racial Equity to Win


Don't Miss Our Webinar on November 17!

Place-based Philanthropy: How Funders Are Accelerating Equitable Impact

Date: Wednesday, November 17, 2021
Time: 10-11 a.m. PT / 1-2 p.m. ET

Earlier this year, a diverse group of 12 place-based funders came together to dig into a challenge: how could funders lean into more effective and equitable ways of giving? With a shared commitment to learn together, they delved into five key questions:

  • How do we continue to interrogate our personal and institutional mindsets and practices?
  • How do we authentically engage communities—especially those of Black, Indigenous, and people of color (BIPOC), who have been structurally held back from progress—so they can shape our thinking and strategies?
  • How do we help build more power in BIPOC communities?
  • How do we more effectively collaborate with and influence other key stakeholders in our region—including our own donors—to advance community priorities?
  • How do we partner with public leaders and also push them further to address the root causes—not just the symptoms—of seemingly intractable social challenges?

During this free webinar, you’ll hear from five of the funders who took part in the peer learning group and discover the promising approaches they found to creating more equitable giving practices. This webinar is presented by the Bridgespan team who initiated and facilitated these discussions (and co-authored the recent field report, “Race and Place-based Philanthropy: Learnings from Funders Focused on Equitable Impact”), Debby Bielak, Marion Micheka, and Darren Isom.

Panelists include:

  • Andrea Sáenz, Chief Operating Officer, The Chicago Community Trust
  • Kris Hermanns, Chief Impact Officer, Seattle Foundation
  • Manuel Santamaria, Vice President-Community Action, Silicon Valley Community Foundation
  • Nina Revoyr, Executive Director-Los Angeles, Ballmer Group
  • Takema Robinson, Founder and Principal, Converge for Change 
Register today!
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