Re-defining ‘racial equity’ may increase donations for it

By GLENN GAMBOA and HALELUYA HADERO
AP Business Writers

Candid, a leading philanthropy research organization, told The Associated Press that it broadened its definition of racial equity to better reflect the intent of contributors and to help foster additional donations. It now defines racial equity donations as “grantmaking explicitly awarded to benefit people of color broadly or to organizations that serve these populations.” Previously, it had limited its definition to “grantmaking focused on systemic change to advance racial equity.” The change, introduced on its website Wednesday, raised the number of racial equity donations the organization has categorized in the past decade from roughly 60,000 to 600,000.