Leadership In Color

 
 

PART I: WHAT LEADERSHIP LOOKS LIKE IN COLOR

By Starsha Valentine
Partner and Mid-Atlantic Managing Director


We’ve all seen the headlines across numerous journals: Black-led nonprofit organizations receive less funding, grow at a slower pace, and are under-resourced compared to their white-led peers. 

As recently as 2019, Echoing Green and Bridgespan’s Racial Equity and Philanthropy report found that “...on average the revenues of the Black-led organizations are 24 percent smaller than the revenues of their white-led counterparts. When it comes to the holy grail of financial support— unrestricted funding—the picture is even bleaker. The unrestricted net assets of the Black-led organizations are 76 percent smaller than their white-led counterparts. The stark disparity in unrestricted assets is particularly startling as such funding often represents a proxy for trust.”

But the disparity goes beyond just dollars and cents. Despite concerted efforts to shift power….


Previous
Previous

Virginia Nonprofit Sector Report 2023

Next
Next

Purpose Possible Core Values: How We Show Up Everyday