Roughly 14 percent of U.S. millionaires come from minority populations, so it would be wise for major-gift fundraisers to connect with such donors. Yet many say they don’t know how to reach or connect with donors from a variety of cultures. In How to Create a Culture of Inclusive Fundraising, my colleague Lisa Schohl shares insights from donors, fundraisers, and other experts on how to win support from well-off supporters from diverse backgrounds.
Armando Castellano, a trustee for the Castellano Family Foundation, which supports Hispanic causes in Silicon Valley, advised nonprofits interested in this work to make sure top leaders — not just those in the lower ranks — reflect the kind of people you want to reach. You have to put them in power, listen to their ideas, and be willing to change how you do things, he says. Castellano also is the founder of Quinteto Latino, a nonprofit that promotes Latino classical music. Six out of seven of Quinteto’s trustees are Hispanic, and the organization’s donors are diverse, too. “It was not hard [to attract these supporters] because we have a diverse staff and a diverse ensemble, and we very intentionally serve diverse communities,” he says.
Raj Asava agrees. He and his wife, Anna, are Texas philanthropists from India who encourage giving by other Indian Americans. Raj Asava says the couple might make a first gift to a cause even if it lacks diversity, but if they don’t see more diversity among leaders over time, they stop giving.
Read the full article for more insights from Castellano, the Asavas, and others.
Seeking donors from many demographic groups is just one way to make fundraising more inclusive, according to a new article by Armando Enrique Zumaya, the founder of Somos El Poder!, a Latinx fundraising institute. Zumaya explains how grant makers, individual donors, and nonprofit leaders can make philanthropy more equitable. To learn more, read To Achieve Racial Justice in Philanthropy, We Must Invest in Fundraising and Make It Inclusive.
Regards,
Maria Di Mento
Senior Reporter