Summary
Recently the National Committee for Responsible Philanthropy issued a report entitled "Criteria for Philanthropy at It's Best", and argued that foundations should meet a handful of benchmarks to practice philanthropy at its best, including making half of their grants to lower income communities, communities of color and other marginalized groups.
Surprisingly, some foundation leaders criticized the report; one foundation cancelled its membership with the committee. Another president called the proposal "arrogant".The committee further stated the following: a. A grant maker practicing Philanthropy at its Best serves the public good by contributing to a strong, participatory democracy that engages all communities. b. Provides at least 50 percent of its grant dollars to benefit lower-income communities, communities of color, and other marginalized groups, broadly defined. c. Provides at least 25 percent of its grant dollars for advocacy, organizing and civic engagement to promote equity, opportunity and justice in our society.See the full content of this document
Extract
Foundation Grants Iii
In the last two weeks we have brought you information about the Foundation Coalition grants, or to put it ...
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