How Foundations Fail Diverse Fund Managers and How to Fix It

Research and reports
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By Tracy Gray & Emilie Cortes. Foundations and impact investors need to face the ways they are complicit in perpetuating inequality through their capital allocations, and upend five structural investment barriers to better serve women and people of color. Tracy Gray and Emilie Cortes set out five structural barriers that foundation investors and investment committees can easily upend today in their due diligence process to improve outcomes for people of color—especially underrepresented Black, Indigenous, and Latinx people—and women.

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