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An alarming number of foundations are falling into a dangerous right-wing trap and ensnaring racial justice movements and nonprofits in the process. 2024 Trends Opinion Opinion Leading Emboldened by the Supreme Court’s ruling last summer against affirmative action in college admissions, conservative extremists have embarked on a campaign that characterizes anything directly supporting Black or brown people as anti-white and potentially illegal.
From the start, the apparent unprecedented surge last year in funding for racial justice seemed too good to be true. Candid, a nonprofit research group that tracks annual foundation and corporate grant making, identified 2020 racial-equity pledges totaling . One McKinsey study estimated more than $200 billion in corporate commitments for racial justice — a staggering figure considering that Giving USA’s estimate of total corporate giving for all causes in 2020 was $16.9 billion. We’re sorry.
Of course, there are also progressive networks and funder associations to learn from, which are at various stages of development toward more explicit racial equity or racial justice lens. Lessons, tools and peer support abound. Foundations needn’t fully recreate the wheel nor go it alone.
“Black Families Matter,” Miki Jourdan For most of us, COVID-19 global pandemic’s breathtaking impact on the well-being and security of our family, friends, and neighbors and on our economy, healthcare, social services, and beyond has moved from abstractness to a harsh reality. We have all been touched in increasingly serious ways. Many grantmakers have stepped up, and we have already witnessed many admirable interventions.
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