Overcoming the Racial Bias in Funding: Breaking Down Barriers to Capital

Details
Date: 
Tuesday, June 2, 2020 - 12:00pm to 1:00pm
Cost: 
$0.00
Organization Name: 
Standord Social Innovation Review
Description

Within the nonprofit sector, there is increasing conversation about the racial biases that produce barriers to capital, leading funders to systemically overlook and undervalue solutions by leaders of color and produce racially inequitable funding flows in philanthropy.

This inequity hinders organizations by and for people of color, as well the well-being of leaders of color—many of whom are the best positioned to drive social change for their organizations and the communities they serve.

These barriers are compounded by strategies that are generally less familiar to funders (e.g. culturally competent or community-based approaches), which are often led by people of color. Dismantling systemic racism is critical to equity goals. It is therefore imperative that funding practices are revised to take account of inherent biases in order to enable funders to successfully achieve their goals.

In this complimentary SSIR Live! webinar, Cheryl Dorsey, president of Echoing Green, Jeff Bradach, managing partner and cofounder of The Bridgespan Group, and Kathryn Finney, founder and CEO of digitalundivided, will explore original research that identifies the major drivers of racial disparities in funding in the social sector. The presenters will discuss the racial funding gap and share their first-hand experiences about what has and has not worked, in addition to how their organizations have endeavored to improve their own practices.

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