Hyperlocal Giving to Black-Led Nonprofits Cannot Simply Be a Trend

After all, there have long been glaring disparities. As the National Committee for Responsive Philanthropy found, “the combined funding to Black communities is 1 percent of all community foundation funding while the combined Black population is 15 percent, resulting in an underfunding of Black communities of $2 billion.” This data point is a crisis of its own, all the more so in a moment marked by headlines warning about the possible extinction of nonprofits. Just this May, Echoing Green and The Bridgespan Group published a report outlining barriers to resources faced by Black leaders, particularly Black female leaders: Even where the work targeted Black communities, Black-led organizations had 45 percent less revenue and had 91 percent less unrestricted net assets than white-led organizations.

Read the entire article in Stanford Social Innovation Review.