Mega Philanthropy: Demanding More (Part 2)

Over $4B is awarded annually by community foundations, but only $5M is distributed to fund LGBTQ+ issues. 25 community foundations have consistently underfunded Black-Brown communities, according to a recent study by the National Committee for Responsive Philanthropy (NCRP). About 1% of all grantmaking goes to these communities where the representative population can be as high as 15% or more. These disparities throttle service innovation and can severely restrict nonprofit organizations that deliver critical life-saving and transformative services, especially in times of great need.

Even if the NCRP stats under-report, it’s safe to say that more can be done to close these gaps, raise more money, and more effectively distribute funding where there is the greatest need. Additionally, nothing has exposed these gaps more than COVID and the lingering social inequity that fuels current protests.

Read the entire article in San Francisco Bay Times.