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Download Philanthropy Annual PDF - Foundation Center

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will generate new leaders from all<br />

disciplines who are willing to lead nonprofit<br />

organizations at some point in<br />

their careers. One of the silver linings<br />

of the economic downturn might be<br />

that more people discover nonprofit<br />

work as a career option.<br />

PND: This is probably the most<br />

challenging fundraising environment<br />

in 30 years. Can veteran nonprofit<br />

leaders apply the lessons they have<br />

learned in the past to the current<br />

environment, or is this new territory<br />

for everyone?<br />

JR: It’s new territory for everyone.<br />

Many leaders, in both the nonprofit<br />

and for-profit sectors, have had the<br />

great good fortune of managing<br />

organizations in a strong economy,<br />

when the focus was on growth and<br />

expansion. Today’s environment, on<br />

the other hand, challenges leaders<br />

to rein in and even shrink the organizations<br />

that, in many cases, they<br />

have built. That’s very difficult.<br />

Another issue is the nonprofit<br />

sector has never had any great<br />

financing mechanisms or a good<br />

flow of capital into the sector. Meyer<br />

recently funded an Urban Institute<br />

study — the first of its kind — to<br />

find out if nonprofits in the metropolitan<br />

DC area have operating<br />

reserves. According to the findings,<br />

they don’t — or if they do,<br />

their reserves and working capital<br />

are insufficient. I think the report,<br />

Washington-Area Nonprofit Operating<br />

Reserves, will generate a lot of discussion<br />

in the sector. The undercapitalization<br />

of nonprofits is an issue<br />

the Meyer <strong>Foundation</strong> has been<br />

concerned about for a long time.<br />

PND: We look forward to reading the<br />

report. Thanks again for your time.<br />

JR: Thank you.<br />

— Alice Garrard and Matt Sinclair<br />

Make a Socially Responsible<br />

Investment in Young Black Men<br />

By Cedric Brown, Director, Mitchell Kapor <strong>Foundation</strong><br />

We had to do something.<br />

In 2004, the Mitchell Kapor <strong>Foundation</strong> began noticing a disturbing<br />

trend in the San Francisco Bay Area. Black male applicants were<br />

visibly absent from the selection pool for the educational programs<br />

run by our sister organization, the Level Playing Field Institute. At the<br />

same time, we were dismayed by the news of several shootings of<br />

young black men, among them a college-bound high school senior.<br />

We knew then that we had to do something.<br />

C o m m e n t a r y & O p i n i o n<br />

We dug deeper, and the numbers we uncovered<br />

painted a disturbing picture. In today’s<br />

tough economic climate, job loss is hitting<br />

black men the hardest, and research links education<br />

to that trend. In California, it is estimated that nearly<br />

half the state’s black male students drop out of high<br />

school. Even in the “knowledge economy”-based San<br />

Francisco Bay Area, black males are less likely to have<br />

high school or college degrees than the general population: 27 percent of black<br />

males in Oakland and 32 percent in San Francisco have a high school diploma<br />

or GED, while only 10 percent of black males in Oakland and 14 percent in San<br />

Francisco have a bachelor’s degree. Moreover, high school dropouts and those<br />

without a college degree are more likely to be jobless and incarcerated.<br />

Although young black men in our communities have tremendous potential,<br />

too often that potential is not being recognized or maximized. So we decided<br />

to do something: We launched an effort to invest in the phenomenal minds<br />

that exist in our communities, with the aim of getting youth away from the<br />

margins, helping them overcome obstacles, and supporting them on a path<br />

to college.<br />

Five years later, this past June, we celebrated the first cohort of collegebound<br />

graduating high school seniors from our Black Boys College Bound<br />

Initiative, a multiyear, $1 million effort aimed at increasing the number of black<br />

male youth in the Bay Area, particularly from San Francisco and Oakland, who<br />

are prepared for college.<br />

As part of the initiative’s first phase, we allocated grants of up to $50,000 to<br />

11 organizations. To date, our grantees have served nearly 400 Bay Area youth in<br />

middle and high schools with such programs as college readiness workshops, college<br />

tours, academic coaching, mentoring, mental health services for students and<br />

their families, social development and much more. This fall, more than 40 seniors<br />

will go on to college, serving as visible role models of success and possibility for<br />

other youth in their communities.<br />

People Who Make a Difference | 47

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