'Biased against people of color'
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'Biased against people of color'
'Biased against people of color'
Researchers looking at disparities in philanthropic funding in the 2017 Stanford Social Innovation Review report revealed that nonprofit foundation leaders of color having inequitable access to social networks is a major barrier in accessing funding. Some 92% of U.S. foundation presidents are white, and some 75% of white people have entirely white social networks, the researchers wrote.
Bias in funding "absolutely" has the potential to keep lifesaving medical solutions from emerging, said Dr. Tshaka Cunningham, a former Department of Veterans Affairs scientific program manager who was instrumental in securing Green's $1.1 million grant, and sits on the board of her foundation.
"In the whole scientific enterprise it's difficult to achieve funding and historically found to be biased against people of color. Sometimes when you have data that is really good, the status quo doesn't believe you," said Cunningham, a molecular biologist and co-founder of TruGenomix Inc., a biotechnology company. slot
He said bias also exists in the entire nonprofit grant process as well as with mentorship, which can help form strategic connections to secure funding.
Green's predicament is shared by other Black scientists and researchers, who are often met with closed wallets, whether they launch a nonprofit or a for-profit startup. Brian Brackeen, founder of Lightship Capital, a venture capital fund serving underrepresented entrepreneurs, and an expert in funding Black startups, discussed the funding woes of yet another Black woman with a health care innovation.
Brackeen said Davielle Jackson, a health care entrepreneur, could not secure funding for her invention, highly absorbent menstrual panties. He said his firm led her first round of funding and that she is now making revenue as a successful business.
But, Brackeen said: "The question is why wasn't she invested in before?"
He said the funding situation is similar with Black entrepreneurs as with Black-led nonprofits, "[With] women or minority founders, they're simply told [by potential investors] 'you don't fit this exact box, and I'm not going to help you fit it,'" Brackeen said.
Black health care nonprofits are typically entrenched in the communities they serve. They are usually staffed with people from those communities who have long-established relationships with residents. They can often make in-roads into providing health and wellness services in those communities that outside organizations cannot. When these nonprofits are underfunded and strapped for cash, those communities can lack access to vital health care and information. |
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