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PEAK Grantmaking

Weekly Reads – April 9, 2021

A roundup of timely insight from the grantmaking community and beyond.

“Candid found that Equal Pay Day for women leading nonprofits is June 8, 2021. That translates into women leading nonprofits working 159 days for free—nearly half a year.” [more]

Cathleen Clerkin, Candid

“The fantastic returns that most foundations earned in 2020 should easily put foundations in a position to give more in 2021 and beyond. […] At a time when wealth inequality is greater than it has been at any point over the last 100 years, it is simply unjustifiable to give priority to endowment growth over dealing with the critical needs of the communities that foundations exist to serve.” [more]

Aaron Dorfman, National Committee for Responsive Philanthropy; and Ellen Dorsey, Wallace Global Fund, in The Chronicle of Philanthropy

“A lot has changed since we rolled out the [philanthropy] pledge at the outset of the pandemic – and we have learned a lot as well. Most important of all, the events of the past year demonstrated the imperative for philanthropy to focus explicitly on addressing anti-Black racism and elevating the leadership of people of color. That’s why even those foundations that learned and adapted amid the challenges of 2020 should go even further in 2021.” [more]

Tonya Allen, McKnight Foundation; Kathleen Enright, Council on Foundations; and Hilary Pennington, Ford Foundation, in The Chronicle of Philanthropy

“[Nonprofit fundraisers] need to acknowledge that the things that most donors care about, the things that make them feel good, are often the things that will LEAST LIKELY change the systems of oppression and exploitation that make philanthropy necessary. By constantly working to connect these donors to what tugs at their hearts, what will make their eyes sparkle, instead of what will actually effect change, we reward and reinforce their avoidance of thinking about and their complicity in advancing white supremacy.” [more]

Vu Le, on NonprofitAF