Last Updated on August 2, 2018
The average person thinks, “Of course philanthropy is about helping the poor.” In fact, just one out of every three dollars is intended to benefit underserved or marginalized communities. Even with a very broad definition—low-income communities, communities of color, women and girls, LGBT communities, people with disabilities, the elderly—it’s a small percentage of philanthropic dollars.
In our last analysis, 90% of the 1,000 biggest foundations in the country direct less than half of their dollars to benefit underserved communities. It’s shocking.