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Here's how philanthropists can help achieve racial equality - Business Insider

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How philanthropists can use their money to actually help achieve racial equality, according to the president of the Ford Foundation

Thursday. But that can be difficult for some white philanthropists who have benefitted from the current system to acknowledge and work against, Walker said.

Prioritizing communities that have been discriminated against is vital to closing the racial wealth gap "There are many partners, and other foundations, who may not agree and are reluctant [to change things]," Walker told . "If we're to really take this seriously, we are going to have to recognize that equity demands that we prioritize the needs and aspirations of those communities who have historically been left out."that charitable organizations' customary game plan — releasing statements of sympathy or support and awarding a grant before returning to business as usual — doesn't lead to lasting change for marginalized communities.

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