This article was originally published by Inside Philanthropy.
The Ford and W.K. Kellogg foundations recently teamed up with Borealis Philanthropy to launch the Racial Equity in Philanthropy Fund. The fund just released its first round of grants, totaling $14 million, which will go to advancing racial equity and promoting diversity within the philanthropic and nonprofit sectors.
Nonprofits rarely resemble the communities they serve. Studies show that fewer than 20 percent of nonprofit leaders are people of color. These grants are a bid to change that.
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