How One Regional Foundation Smartly Diversified Its Support

Seven years into its “racial equity journey,” support for BIPOC organizations has increased 670%, from $75,000 in 2013 to $578,000 in 2020. The foundation’s rapid evolution is an illuminating case study of a regional funder closing the funding equity gap while providing what Foundation president Gary Steuer referred to as “continued support and respect for the largest institutions that have sucked up the largest share of the philanthropic pie—mostly Eurocentric arts groups.” – Inside Philanthropy