This report presents data on the diversity of the boards of directors of the 46 largest independent foundations in the United States.

We found that a while quarter of all board directors in the sample were African American, Latino, or Asian American, 28% of the sample did not have people of color on their boards at all.  Among people of color, Latinos are the most underrepresented on foundation boards, with only 8% of all board members of the sample foundations identifying as Latino.