Does the Diversity on Foundation Staff Exhibit Good Leadership?
Submitted by Steve on March 9, 2015.
From Ruth McCambridge, writing for Nonprofit Quarterly:
The Council on Foundations just released its latest salary survey, so we thought we would share some of its most pertinent findings as they relate to diversity and leadership data from other surveys. Some of it conforms to what we see happening in the rest of the sector — older, relatively white CEO leadership with relatively long tenures.
- Relatively long CEO tenures: More than 40 percent of grantmaker CEOs have been CEO for ten or more years. This is almost exactly the same percentage as was found in the recent survey of nonprofits performed by BoardSource, where it was reported that 41 percent of the CEOs who responded had been in their positions for 10 years or longer.
- Relatively older executive leadership: Sixty-one percent of foundation CEOs were aged 50 to 64. According to Vickie Spruill, 17 percent of foundation leaders—CEOs and Chief Giving Officers—and six percent of full-time staff in respondent organizations were aged 65 or older. Only four (not four percent, four) were under 30.
- The bigger the grantmaker, the older the leadership: About 90 percent of grantmakers with $500 million or more in assets were led by CEOs who were age 50 or older; this proportion drops slightly with decreases in asset size. The lowest proportion of CEOs over 50 was among grantmakers with less than $10 million.