Engaging Donors of Color
Led by Renee Ferrufino, ILD '16, Vice President of Development, The Women's Foundation of Colorado
To engage with donors of color and build
meaningful relationships, organizations must show a commitment to
understanding different cultures and their unique values around giving.
For example, many diverse donors give to houses of worship or religious
groups that play an integral role in their lives and their communities.
You may also learn that these donors value and give to organizations
that focus specifically on their own race or ethnic group as well
universities or educational programs providing opportunities to
first-generation college students.
Build authentic relationships with your
donors of color and create an inclusive culture among your board of
directors to encourage these donors to take leadership roles. In its
June 2021 report on board composition and practices, Board Source noted that 78% of board members in its survey sample were white. Similarly, a recent survey by the Center for Effective Philanthropy
found that of 218 foundations that responded, more than half (57%) had
fewer than 25% people of color representation on their board. Yet,
research shows that organizations with more BIPOC leaders on their
boards express a stronger commitment to diversity, equity, and inclusion
internally and to racial justice being incorporated as a programmatic
priority externally.
What can you do? How do you "walk the talk"?
- Let the community drive your program choices and seek donors who align with these needs and your mission.
- Use tools like "Awake Awoke To Work" from the Kresge Foundation.
- Allocate the time and resources needed to be successful.
- Transition your leadership from the mindset that this work can be finished. This is forever work.
- Create an organizational action plan.