Tag Archives: money

Can we agree on this simple definition of Equity?

[Image description: An open silver briefcase with stacks of 100-dollar bills held together with rubber bands. Strewn around the briefcase are loose bills. Image obtained from Pixabay.com]

In a previous article, I mentioned that equity has been like coconut water. It’s all over the place. It’s flavored with pineapple, sometimes with chocolate. Everyone is drinking Equity; it’s on websites, in conference themes, and in those “word-cloud” thingies. Given how pervasive it is, it’s weird that we don’t seem to have a common, universally-accepted definition for it. As this article states “Very few foundations had a clear definition of what equity meant to them internally, and absolutely no one saw any common definition emerging from the field anytime soon.” So, after thinking about it for a while and talking to other leaders, here’s my take on it, at least in the nonprofit/philanthropic sense:

“Equity is about ensuring the communities most affected by injustice get the most money to lead in the fight to address that injustice, and if that means we break the rules to make that happen, then that’s what we do.”

Some of you are probably thinking, “Money? That’s your definition? That’s simplistic AF. Maybe you should stick to writing nonprofit jokes.” Yes. It’s money. Equity is about money and whether that money is going to the people most screwed over by our society. All of us need to stop avoiding this basic premise. Continue reading