The D.C.-based National Committee for Responsive Philanthropy has announced that a hundred and sixty-five foundations and grantmaking public charities representing nearly $3.76 billion in annual giving have committed to its Philanthropy's Promise campaign, a national effort to prioritize the needs of and empower low-income people, communities of color, the elderly, and other underserved populations.
During its second year, some forty funders agreed to allocate at least 50 percent of their grantmaking dollars to benefit underserved populations and at least 25 percent in support of advocacy, community organizing, and civic engagement programs. New signatories to the campaign include the Marin Community Foundation, United Way of Metropolitan Atlanta, and the Skillman Foundation.
"Many of our neighbors continue to struggle with poverty, injustice, and lack of opportunities, and philanthropy needs to be a part of solving these tough issues," said NCRP executive director Aaron Dorfman. "Foundations that have signed on to Philanthropy's Promise understand that philanthropy should not only be focused on treating the symptoms of injustice, but also empowering underserved populations so that they are part of addressing the root causes of social problems."
For a complete list of funders that have committed to the campaign, visit the NCRP Web site.