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November 11, 2021 13:00 ET | Source: The Bridgespan Group

Nonprofit Endowments are Too Rare, Especially for Organizations Led by People of Color, Whose Endowments Are Nearly Four Times Smaller Than Those of White-led Organizations, According to New Bridgespan Group Analysis

Boston, Nov. 11, 2021 (GLOBE NEWSWIRE) -- When donors endow nonprofits with a pool of money that pays out 5 percent annually over many years, they set those organizations up for long-term success,...