Diversity of Asset Managers in Philanthropy
Published:
02/2020
... (“Analyzed AUM”). The study found: $8.62 billion (13.5%) is invested with diversely-owned firms. $6.82 billion ... is invested with women-owned firms, and $5.93 billion (9.3%) is invested with minority-owned firms, as defined below. ... than $8.62 billion.5 The average foundation invests 13.3% of its assets in diversely-owned firms, 10.8% in ...