Many social-sector funders that are committed to addressing racial equity don't understand how their own practices exacerbate injustice. Common approaches to evaluating a nonprofit's financial fitness – and "readiness" for a grant or loan – unwittingly reinforce divides; nonprofits that have money have an easier time getting more, and nonprofits that don't – and the communities that rely on them – lose out. This chart offers a look at what's wrong, and specific actions we can take to more accurately understand a nonprofit's strengths and opportunities.
Addressing Racially Biased Financial Analysis: Why Color-blind Financial Analysis Is Racially Biased, and What Funders Can Do About It.
Oct 25, 2019