Submitted by Carmen Graciela Díaz on January 4, 2021
“The failure of trust sits at the intersection of two live debates in philanthropy. First, foundations are being called to give more to communities of color. Second, they are also being called to give capital that shows trust: long-term general operating support (GOS),” writes Jacob Harold, executive vice president of Candid.
In a recent post in the Center for Effective Philanthropy, Harold says: “Foundation leaders can choose to do both. Long-term GOS could empower organizations in communities of color and better position them to address racial equity. If we are not careful, however, these two important efforts could work at cross purposes.”