DONORS OF COL OR E ngaging and Ne twor king High Ne t Wor th - PowerPoint PPT Presentation

DONORS OF COL OR E ngaging and Ne twor king High Ne t Wor th Donor s of Color Ha li L e e , Ashindi Ma xto n, T uhina O’ Co nno r

Pre se nta tion Ove rvie w 1. Why Hig h Ne t Wo rth Do no rs o f Co lo r? 2. Re se a rc h F inding s 3. Building a Ne two rk 4. Disc ussio n

Pr oje c t T e am

Why Do High Ne t Wor th Donor s of Color Matte r ?

Phila nthropy Ne e ds Dive rse a nd Powe rful Ne w Voic e s • L e ss tha n 1/ 3 o f fo unda tio n do lla rs g o to unde rse rve d c o mmunitie s. • Phila nthro py is risk c a pita l. I t fue ls inno va tio n. • Do no rs o f c o lo r c a n he lp drive syste mic c ha ng e a nd se t a g e nda s. • I ndividua l do no rs a re c ruc ia l to susta ina b le funding

“T he c ulture of e xpe rtise in phila nthropy doe sn’t re c og nize the e xpe rts in c ommunity. How will you know wha t c ha ng e is suppose d to look like if the pe ople a round the ta ble don’t ha ve live d e xpe rie nc e in those c ommunitie s?” – Chr is Car dona, F or d F oundation

Syste ms T ha t Are Re silie nt Are Dive rse

Org a nize d Donors Ca n Drive Syste mic Cha ng e

Choc ola te Chip Mode ls a nd Othe r Cha lle ng e s to Inc lusion

Re se ar c h F indings

T hre e Re se a rc h Stre a ms 1. T he Appa ritiona l Donor Re port 2. 100 Inte rvie ws of Hig h Ne t Worth Donors of Color 3. Ca se Studie s in HNW Donor Org a nizing

All Communitie s Ha ve Culture s of Giving

T he Appa ritiona l Donor Re port HNW Do no rs o f Co lo r: • Give g e ne ro usly, e spe c ia lly to inc re a se o ppo rtunity • Give with sig nific a nt c ultura l diffe re nc e s a nd diffe r g e ne ra tio na lly • Give phila nthro pic a lly o utside o f fo rma l phila nthro py • Are a c tive ly e ng a g e d in c re a ting a nd b uilding the ir we a lth Do wnlo ad the F ull Re po r t at: www.do no r so fc o lo r .or g

HNW Donors By Ra c e

HNW Donors of Color Give Big ! Chandr ika & Ranjan T andon – Robe r t F . Smith – $100M to NYU $50M to Cor ne ll Joe & Rika Mansue to – L isa Yang – $10M gift in 2015 to $35M to U of Chic ago Cor ne ll E mployme nt and Disability Institute

F inding s from Ca se Studie s L e ssons from Donor Org a nizing 1. F o unding me mb e rs pe rma ne ntly sha pe the future . 2. Sha re d ide ntity ma tte rs b ut is no t suffic ie nt. Alig ning re so urc e s re q uire s a lig ne d visio n. 3. Sha re d va lue s a nd missio n re q uire inte ntio n a nd susta ine d wo rk. 4. HNW do no rs o f c o lo r ha ve ye t to b e ne two rke d to o ne a no the r in a susta ina b le wa y a c ro ss ra c e .

HNW Donor Inte rvie ws

Proje c t Conta c ts Ashindi Ma xto n: a shindi@ g ma il.c o m Ha li L e e : ha li@ fa c e so fg iving .o rg Appa ritiona l Donor Re port www.Do no rsOfCo lo r.o rg

Inte rvie ws: E me rg ing T he me s • T he re is a c o mple x push a nd pull a ro und we a lth a nd fa mily. • Do no rs c a re a lo t a b o ut c re a ting o ppo rtunitie s. • Pe o ple a re hig hly ne two rke d ye t the re is stro ng inte re st in b e ing ne two rke d in a diffe re nt wa y. • T he re is hug e a wa re ne ss o f the ra c ia l we a lth g a p a nd o the r syste mic ine q uitie s. • Mo st ha ve e xpe rie nc e d disc rimina tio n pe rso na lly. • Ma ny wa nt to mo ve the ne e dle fo r b ig syste mic c ha ng e b ut the y do n’ t kno w ho w.

Building the Donor s of Color Ne twor k

Goals for the Donor s of Color Ne twor k • Cre a te a po we rful a nd jo yful c o mmunity o f HNW do no rs. • De ve lo p a c ro ss-ra c ia l stra te g y a nd visio n to fo c us o n de e p, syste mic c ha ng e • Ac hie ve impa c t thro ug h re se a rc h b a se d c o lle c tive wo rk tha t re fle c ts the pa ssio ns a nd prio ritie s o f HNW do no rs o f c o lo r.

Ne twork L a dde r of E ng a g e me nt Pub lic Brie fing s I ntro duc tio ns to Do no rs 1 o n 1 I nte rvie ws L iving Ro o m Co nve ning s Mo re 1-o n-1s Ne two rk Ga the ring s

NYC L iving Room Conve r sation Mar c h 2018

Donor s of Color Inaugur al Re tr e at T amaya Re sor t, Ne w Me xic o Cr e ate Co mmunity. Build Po we r . Ac hie ve Impac t

Donor s of Color Ne twor k in 2019 • I na ug ura l Re tre a t • Build Co mmunity a nd Sha re d Ana lysis thro ug h Re g io na l Sa lo ns a nd Na tio na l Pro g ra mming • Org a niza tio na l Struc ture a nd Go ve rna nc e • De ve lo p Stra te g ic Pla n a nd Po o le d F unds • E xpa nde d Re se a rc h a nd Pa rtne rships • Sta te Pilo t Pro je c ts

T ha nks to our Proje c t F unde rs

DISCUSSION E ngaging and Ne twor king High Ne t Wor th Donor s of Color Ha li L e e : hali@fac e sofgiving.or g T uhina O’ Co nno r: tuhina@fac e sofgiving.or g Ashindi Ma xto n: ashindi@gmail.c om