In the News
Updates about Inspire Access and articles we’re excited to share.
Why Inspire Access?
Inspire Access, founded to address gender and racial wealth disparities, aims to leverage the $234 billion unallocated in Donor Advised Funds (DAFs) and philanthropic capital to invest strategically in underfunded founders, allowing returns to flow back into charitable entities and advocating for a transformative shift in the use of philanthropic capital.
How Inspire Access Works: Mobilizing philanthropic capital to close the racial and gender investment gap
Inspire Access, a 501(c)(3) nonprofit, seeks to close the gender and racial wealth gap by providing a platform for individuals to strategically invest philanthropic dollars, either through their Recoverable Grant Program, allowing donors to direct funds and receive returns for future giving, or their Sustained Impact Program, enabling continuous impact through reinvesting grants in companies and funds led by underrepresented founders.
Donor Advised Funds (DAF) 101
Inspire Access addresses the exponential growth of Donor Advised Funds (DAFs), with over 1,000 sponsors and nearly 2 million accounts holding $230 billion, by creating a platform that strategically invests DAF funds in underrepresented founders to bridge the racial and gender investment gap, allowing donors to direct their DAF dollars for impactful purposes and returns while rectifying the historical imbalance in capital flows.
Bridging the Investment Gap
Inspire Access addresses the pervasive racial and gender investment gap in the U.S., where only 2% of capital reaches women-founded companies and significant disparities exist in funding for founders of color, aiming to bridge these gaps and contribute to building a more equitable and thriving society.