This report includes interviews with executives at eight large foundations that have embraced organization-wide DEI efforts. We asked them how DEI can shape the structure of the investing department, the work of investment committees and the choice of investments.
Despite a field replete with research, analysis, recommended policies and practices — not to mention an abundance of educational programs and frameworks for grantmaking to diverse communities — philanthropic leaders have been slow to advance these values in their foundations. We wondered: what is getting in the way? Why are good intentions, buttressed with theory and practical advice, not achieving better results on measures of diversity, equity and inclusion? We wanted to explore more deeply.