McConnell commits $30M in capital transfer to Indigenous-led foundations. What's a capital transfer? And will others follow?
“They're leading the way. Like a pebble in a pond, it will have a ripple effect and that’s what we need,” said Bruce W.J. Miller of the Indigenous Peoples Resilience Fund.
Why It Matters
Black and Indigenous-led foundations have called on private foundations to transfer assets to them — to put them in charge of distributing resources to their own communities. But have funders been heeding these calls?
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