America's Colonial Legacy in Philanthropy

This is a news story, published by Mashable, that relates primarily to Edgar Villanueva news.

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Decolonizing Wealth Project

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Decolonizing Wealth

Mashable

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What does it mean to decolonize your donations?

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78% Informative

Edgar Villanueva is the founder and principal of the Decolonizing Wealth Project and its project Liberated Capital .

To decolonize your donations means taking an intersectional, historical look at how wealth's been generated and how it's now being redistributed to the same communities that built and died for it.

Predominately white philanthropic leadership upholds the lingering effects of colonization.

Less than 10 percent of philanthropic giving goes to communities of color, says Villanueva .

Ask where the money came from, and where it's going, and how it's being distributed.

Consider how the board of this charity, grant-making board, or this nonprofit, is predominantly white.

An analysis by nonprofit philanthropy advisors Echoing Green and The Bridgespan Group found that the amount of money earned by Black-led organizations receiving donations or applying for other philanthropic assistance was 24 percent smaller than white-led ones.

When it comes to funding given without restrictions to nonprofits, that difference jumps to 76 percent .

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