Operationalizing a Focus on Equity
Session materials for PEAK2019.
Recently, many foundations have increased their focus on the issue of equity—changing their grantmaking priorities and program areas, engaging in listening tours, and pooling resources to advance one of the most important issues of our time. In the end, however, just changing what grantmakers fund will not be enough. We also need to change how grantmakers fund, if we want to move the needle on equity. We will never achieve our goals with outdated grantmaking practices and policies that neglect investments in capacity and infrastructure. When funding doesn’t cover the full cost of delivering programs, nonprofits close the gap through sweat equity; they overwork and underpay their people, relying on volunteer and in-kind support. How can funders adapt their application processes, due diligence work, and overall grantmaking approach to better support impact without exploiting the sweat equity of their grantees? Engage in a dialogue on revitalizing grantmaking to better support equity goals.
Participants will learn about:
The value of the how and the why, when applying an equity lens to grantmaking
Adapting application, due diligence, and grants management processes to better support equity outcomes
The capacity and business needs of community-based organizations serving economically and socially disadvantaged communities
- Diversity, Equity, and Inclusion: Promote diversity, equity, and inclusion in grantmaking practices.