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PEAK Grantmaking

Weekly Reads—January 21, 2022

Enjoy PEAK’s weekly roundup of timely insights from the grantmaking community and beyond.

“The concept of transformation with regard to racial equity requires boards to focus on the larger ecosystem in which organizations and their boards operate. Boards must look beyond narrow definitions of organizational mission and explore how inequitable systems in housing, education, employment, health, criminal justice, wealth, and the environment, among other areas, impact the communities they are serving and – as a result – have huge relevance to the work of their organizations. Boards must focus on the transformation of systems to reach the goal of racial equity, a point at which a racial hierarchy no longer shapes an individual’s experiences or outcomes.” [more]
Jim Taylor, BoardSource

“The opportunity for progress exists when funders are open to having tough and honest conversations about race, power, and privilege.” [more]
Eddie Whitfield, Trust-Based Philanthropy Project

“[E]ndowments are rarely deployed for funding social change. From 2000 to 2013, just 5 percent of philanthropic big bets—contributions of $10 million or more to social change causes—took the form of an endowment. They are rarer still across legacy, Black-led social change organizations.” [more]
William Foster and Darren Isom, The Bridgespan Group, in Stanford Social Innovation Review

Trading Glass Ceilings for Glass Cliffs: A Race to Lead Report on Nonprofit Executives of Color is a new report from the Building Movement Project that examines the racial barriers that nonprofit leaders of color overcome to attain leadership positions—and the challenges they continue to face after they reach the top.