Built for a Time Such as This: How ABFE Used a Tumultuous Time in History to Uplift Its Community
In the wake of the 2020 pandemic and high‑profile racial killings, the Association of Black Foundation Executives (ABFE) released its report *Equity Under Review* to spotlight Black leaders in corporate philanthropy. A hostile shift after Donald Trump’s 2024 re‑election stripped the organization of critical DEI data, forcing the report to focus on the human side of the work. The findings reveal a post‑2024 decline in investments to Black communities, a lack of dedicated funding portfolios, and the impact of the 2023 Supreme Court affirmative‑action decision. ABFE concludes with seven actionable strategies to revive and sustain Black‑focused philanthropy.
How Is Arts Patronage Changing?
A panel at TEFAF New York highlighted the evolving nature of arts patronage, featuring Sarah Arison and Michi Jigarjian as leading voices. Arison, the youngest ever MoMA board president at 39, also heads the Arison Arts Foundation and chairs YoungArts. Jigarjian,...