It is always important to look at financial decisions in relation to diversity, equity and inclusion. Power and privilege are often connected to the allocation and commitment of resources. Decisions are often made based on how they have been made in the past without taking into consideration the present context. One way to build a culture of inclusion that extends to these important decision-making functions is to ask questions about the composition and structure of your governance, finance, human resources and fundraising committees.
- Who are the decision-makers on those committees? How are discussions about allocation and commitment of resources held?
- Does your board invite questions about spending and allocation of resources? Is there transparency?