Black MBA - Winter 2007/2008 - (Page 57) CAREER | Profiles in Giving | Best Practices | Brand You | On the Move | Market Forecast Helping Hands Foundations Offer Executives a Chance to Give Back By Mema Ayi WHEN YOU THINK of foundations, you might envision lofty organizations far removed from regular life, but today’s foundations are working harder than ever before to deliver funds to the people and causes that need them – from attacking obesity and helping lift people from poverty, to improving quality of life and opening access to education. As a job for the modern MBA, working in philanthropy means combining business acumen with the ability to give back. For Blacks especially, philanthropy as a career hasn’t necessarily been a first choice, partially because doors haven’t necessarily seemed open. In late October, the Chronicle of Philanthropy took a look at inclusion in nonprofits and concluded that while, as an in- The Need for Diversity In late October, the Chronicle of Philanthropy took a look at inclusion in nonprofits and offered the following figures: • Nearly 77% of foundation workers are white • 94.2% of CEOs are white • 85% of full time program officers are white • 88% of board members are white BlackMBA • Winter 2007/2008 57
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