How racism still affects millionaire donors of color: Report

By EMILY HAYNES of The Chronicle of Philanthropy
Chronicle of Philanthropy

A new qualitative study of 113 millionaires of color found that nearly all had experienced racial or ethnic bias. “It’s so obvious, but it’s also very profound,” says report co-author Hali Lee, founding partner at Radiant Strategies and a co-founder of the Donors of Color Network. She says the finding demonstrates the ways that racism has affected the lives of millionaires of color — from where they raise their families to the people and causes they support. The study was released Wednesday by the Donors of Color Network, a membership organization for wealthy philanthropists from marginalized backgrounds, along with two consulting companies, Radiant Strategies and the Vaid Group.