'Color Blind' Assessments of Grant Proposals Don’t Work. Here’s a Better Idea.
Originally published in The Chronicle of Philanthropy , October 29, 2019
Using outdated analytical conventions like board giving rates, leadership salaries, and total revenue to determine whether or not to invest in a nonprofit is not objective, exacerbates inequity, and is especially damaging to community-based organizations led by people of color. This piece provides alternative methods of financial analysis to help funders, investors, and lenders evaluate nonprofits more equitably.
Check out this chart for specific examples of financial analysis blindspots and how they can be addressed.
Author: Antony Bugg-Levine, CEO, Nonprofit Finance Fund