Philanthropy often sets out to mitigate inequality. But a research report set to be released next week by two leading philanthropic organizations shows that race remains a defining factor when looking at which organizations get funded and how much they receive.
Nonprofit organizations led by black and Latino executive directors lag behind peer organizations with white leaders, according to the report from Echoing Green, an early-stage funder in social innovation, and the Bridgespan Group, a philanthropic consultancy.