Exponent Philanthropy has released the fourth edition of its Racial Equity in Lean Foundations report, the most comprehensive version to date. The publication is based on survey data from over 300 lean foundations and qualitative interviews with more than 25 foundations, consultants, and nonprofits, offering insights into how lean funders are advancing equity. For the first time, the report also takes a deeper look into the equity journey of lean funders, including models for leading racial equity discussions, engaging boards in equity efforts, and incorporating equity into organizational practices.

The Current State of Racial Equity in Lean Foundations

The report’s first section analyzes racial equity trends within lean foundations. Below are three key findings from the report.
Finding #1: Foundation Boards and Staff Remain Predominantly White, But Diversity Is Slowly Increasing
Although most lean foundations are still mostly White, we’re starting to see more diversity on their boards and staff. The diversity within a foundation often reflects how committed it is to racial equity.
Finding #2: The Relevance of Racial Equity Has Fluctuated in Recent Years
The importance of racial equity to lean foundations’ missions has fluctuated over the past five years, peaking in 2020 before returning to pre-2020 levels.
Finding #3: Foundations That Prioritize Racial Equity Adopt Stronger Grantmaking Practices
Foundations that see racial equity as highly relevant to their mission tend to adopt more effective grantmaking practices. These practices not only support racial equity but also strengthen relationships with grantees and the broader community.

Moving Forward with Equity in Lean Philanthropy

The full report offers additional insights into these findings and explores ongoing efforts to advance racial equity within lean foundations. In Part Two of the publication, the equity journey of lean funders is explored further, including models for leading racial equity discussions, engaging boards in equity efforts, and embedding equity into organizational practices.
Read the full report, Racial Equity in Lean Foundations, on the Exponent Philanthropy site.