April 7, 2008, 12:00 - 2:00 PM - Hudson Institute, Washington, D.C. Headquarters
Transcript Now Available - Click Here! (PDF Format, 30 pages, 211 KB)
Mandating Multicultural Munificence?
Early in 2008, the California State Assembly approved AB 624, legislation that would require private foundations larger than $250 million in assets to gather and disclose substantial ethnic and gender data relating to their governance and grantmaking.
As the bill summary notes, the information to be collected would "include, but not be limited to, the following: the racial and gender composition of the board of directors or trustees, the number of grants awarded to specified organizations serving ethnic minority communities, and the percentage of grant dollars awarded to specified organizations where 50% or more of the board members are ethnic minorities. The bill would require these private foundations to disclose this information via its Internet Web site, if available, and to include this information in its annual report, as specified."
Is AB 624 a good idea? Or is the pursuit of diversity in philanthropy something that rather should be left to voluntary initiatives by foundations and their associations? These and other questions were addressed by our panel, which included JOHN GAMBOA of the Greenlining Institute in California, which did the research behind AB 624 (click here for further information from Greenlining's web site); RENÉE BRANCH, director of diversity and inclusive practices at the Council on Foundations; HEATHER RICHARDSON HIGGINS, president of the Randolph Foundation in New York City; and PABLO EISENBERG, Georgetown University scholar and advocate for philanthropic change. The Bradley Center's WILLIAM SCHAMBRA moderated the discussion.
Branch, Gamboa, Schambra,
Higgins, and Eisenberg
Program and Panel
This event transcript was prepared from an audio recording and edited by Krista Shaffer. To request further information on this event, the transcript, or the Bradley Center, please contact call (202) 974-2424 or email email@example.com.
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