New Profit commissioned an independent analysis of the philanthropic capital market in order to better understand the dynamics at play in the social sector around racial/ethnic diversity, particularly from the standpoint of leadership representation for Black and Latino/a/x people.
The research, compiled in partnership with Next Street, shows stark leadership and funding inequities in the social sector. This concept paper explores this research and New Profit’s Inclusive Impact initiative, which was launched to address the capital gap for Black, Indigenous, and Latino/a/x leaders in the social sector.
Informed by the research, New Profit launched Inclusive Impact, a new initiative designed to drive unprecedented capital and support to some of our nation’s most promising innovators—Black, Indigenous, and Latino/a/x social entrepreneurs. For more information, read New Profit’s press release announcing the launch of the initiative.