- Identity-based funds raise and distribute nearly $400 million a year. Tweet
- Though racial minorities are underrepresented on mainstream philanthropic boards, informal philanthropy has long been common among communities of color. Tweet
- African Americans give away 25 percent more of their income per year than whites. Tweet
- Communities in philanthropy have long seen one another as being in competition for limited resources; however, building connections and fostering collaboration between identity-based funds has a strongly positive effect on their individual effectiveness. Tweet
- Foundations should take an asset-based approach to funding communities of color, supplementing their resources and capacities so that they can create their own change and avoid the paternalism that sometimes plagues mainstream philanthropy. Tweet
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