It's an open secret: philanthropy today is top-heavy and insular. A glance at the world' largest foundations and impact investment funds reveals that decision-makers tend tp be disproportionately white, male, and from backgrounds of privilege. And decisions tend to be made in a closed, opque way.
In Letting Go, Ben Wrobel and Meg Massey tell the story of the funders who have chosen to cede decision-making power to people with lived experience of the problem at hand. The stories range from a global foundation run by and for young feminist activists, to a neighborhood loan fund controlled by working-class residents of color.
As this book reveals, it's not only possible to shift power in philanthropy and impact investing - it's imperative in a world where inequality is reaching a breaking point.