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Latin@s in Philanthropy

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  • Harold Rocha
    Dear LUChA Friends, A candidate for high public office stated the other day that culture is the reason why Palestinians are not as wealthy as Israelis. He went
    Message 1 of 1 , Aug 1, 2012
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      Dear LUChA Friends,

      A candidate for high public office stated the other day that culture is the reason why Palestinians are not as wealthy as Israelis. He went on to argue that the same holds for Chileans, Ecuadoreans, and Mexicans, with the implicit analogical reference, by geographical proximity, to the United States. Is culture the reason they should also self-deport? At what point does “culture” blend with “race”?  Time Magazine/CNN anchor Fareed Zakaria replies to this with a pointed op-ed in this morning's Washington Post, which is available at:

      http://www.washingtonpost.com/opinions/fareed-zakaria-capitalism-not-culture-drives-economies/2012/08/01/gJQAKtH9PX_story.html?hpid=z2 

      On the economic/labor fronts Latin@s seem not to be faring too well either. A recent publication of the Economic Policy Institute reveals that in 2011, the nationwide Latin@ unemployment rate remained at 11.5 %, but was significantly higher in several of the country’s large metropolitan areas. Providence, R.I. tops the list, with a rate of 23.3% which is 2.5 times higher than the unemployment rate for whites. It is followed by Orlando, FL (16.6%), Riverside, CA (15.4%), Las Vegas, NV (14.7%), and Philadelphia, PA (14.3%). The EPI report is available at:


      http://www.epi.org/publication/ib336-hispanic-metropolitan-unemployment/

      Latin@s now account for 16% of the U.S. population. How do we fare in philanthropic allotment? According to a recent report by Hispanics in Philanthropy and The Foundation Center, not well at all. Only 1% of total foundation giving in the United States is explicitly designated to benefit Latin@s. One percent! Total philanthropy in the United States for the year 2011 was $298.42 billion, according to the Giving USA Annual Report 2012 released a few weeks ago by the Center on Philanthropy at Indiana University and The Giving Institute. 
       

      A summary of the report "Foundation Funding and Latino Community Priorities: Gaps and Opportunities" (May,2012) is available at:

      http://www.hiponline.org/Resources/DetailPage.asp?pgid=1 

      The report in full may be downloaded for free at:

      http://www.hiponline.org/pdfs/publications/HIP%20Gaps%20and%20Ops%20Report%20FINAL.PDF 

      An executive summary of 2012 Giving USA: The Annual Report on Philanthropy for the Year 2011 (released June, 2012); researched by the Center on Philanthropy at Indiana University and published by Giving USA, a public initiative of The Giving Institute, is available free of charge at:

      http://store.givingusareports.org/2012-Giving-USA-The-Annual-Report-on-Philanthropy-for-the-Year-2011-Executive-Summary-P43.aspx 


      Thought this might be of interest.

      Saludos,

      Harold Rocha



       
       
       
      o.m.

       
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