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Diversity, Equity and Inclusion: Debunking the Myths

Diversity in leadership shines a brighter light on business and investment outcomes
Diverse leaders excel and lead across all sectors of the investment industry today. As decision-makers in their organizations, women and racial and ethnic-minority professionals bring their unique viewpoints and experiences to allocating capital, making investment decisions and helping recognize and promote diverse talent that mirrors the communities and companies they invest in.
“The vibrancy of dialogue around diversity, equity and inclusion across organizations is certainly more amplified today than it’s ever been,” said Nancy Sims, president and chief executive officer of the Robert Toigo Foundation, an Oakland, Calif.-based nonprofit that has been “addressing the intersection between talent and opportunity in the industry for over 30 years.” ....

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Sonal Shah Tapped to Lead the Asian American Foundation

Sonal Shah Tapped to Lead the Asian American Foundation
TAAF
Sonal Shah was President Obama’s first director of the White House’s Office of Social Innovation and Civic Participation.
The Asian American Foundation
Sonal Shah, a professor and founding executive director of the Beeck Center for Social Impact and Innovation at Georgetown University, has been named president of this new foundation. Shah was President Obama’s first director of the White House’s Office of Social Innovation and Civic Participation.
The foundation was created with an initial $125 million in donations from its board of directors, and it intends to raise additional money to make grants to Asian American and Pacific Islander organizations and causes over the next five years. ....

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Los Angeles Philanthropist Eli Broad Has Died

Los Angeles Philanthropist Eli Broad Has Died
Eli Broad gave billions both personally and through his foundations.
Eli Broad, the respected and sometimes controversial Los Angeles philanthropist, died on Friday. He was 87. Known for being generous but also sharp-elbowed in his philanthropy, Broad and his wife, Edythe, gave nearly $2.5 billion from 2000 to 2013 to their Broad Foundations and other nonprofits, according to a Chronicle tally. In recent years, the couple gave significant sums to charity through their nearly $2 billion Broad Foundations, which houses the Eli and Edythe Broad Foundation and the Broad Art Foundation .
Broad built what is now a nearly $7 billion fortune through his KB Home homebuilding company and SunAmerica, a financial-services company that he sold to AIG for $18 billion in 1998. He then went on to devote most of his time to the couple’s philanthropy, giving primarily to education, science, and the arts. ....

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Eli Broad, billionaire who helped shape the cultural life of L.A., dies at 87

He became one of the country’s most prominent philanthropists in the arts, sciences and education. ....

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