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Passing the Baton: How One Foundation Is Expanding Equity Through Relay Grants

The Holloway Family Foundation’s Annual Relay Grant is a streamlined, trust-based approach to grantmaking that places funding decisions in the hands of women nonprofit leaders of color. In 2020, several reports highlighted persistent disparities in philanthropic giving to women and girls of color, as well as inequities in funding for organizations led by people of... Read More

Key Insights From the 2025 Racial Equity in Lean Foundations Publication

Philanthropy thrives when it listens, learns, and evolves to meet the needs of the communities it serves. In recent years, lean funders have increasingly recognized that racial equity is not an optional add-on but central to their mission, regardless of focus area. Yet, as this report shows, progress is neither uniform nor assured. While some... Read More

Mapping the Lean Funder’s Equity Journey

We’ve interviewed dozens of lean funders at various points during their equity journeys over the years. Through those conversations, emails, and a review of documents, policies, and practices, we were able to create a rough map of the lean funder’s equity journey. This journey has four phases: Thinking about equity Making policy changes Building trust... Read More

How Lean Funders Engage the Foundation’s Board in Racial Equity Work

The most frequent equity question lean funders ask us is: How do I engage my board in racial equity work? Unfortunately, there is not an easy nor straightforward answer. As we interviewed foundation boards and staff across the country in various phases of equity work, we heard two main approaches to engaging the board in... Read More

Who Drives Equity Conversations at Lean Foundations?

One question we hear time and time again is: Who is driving racial equity work at leanly staffed foundations? This question often comes from a board or staff member who is interested in racial equity work but does not know how to get their foundation engaged. In our interviews with funders across the country revealed... Read More

Racial Equity in Lean Foundations: Trends and Challenges From the 2024 Report

Exponent Philanthropy has released the fourth edition of its Racial Equity in Lean Foundations report, the most comprehensive version to date. The publication is based on survey data from over 300 lean foundations and qualitative interviews with more than 25 foundations, consultants, and nonprofits, offering insights into how lean funders are advancing equity. For the... Read More