Many of America’s art museums have been the target of blunt criticism for over a year, first for accepting funds derived from pharmaceutical manufacturers, fossil fuel companies, and arms merchants, and more recently for employment practices disadvantageous to people of color. While there is no single remedy for alleged shortcomings in governance and management, one option is available for these institutions to align their practices with stated values. An estimated $58 billion is under the management of cultural institutions in the United States. The founder of Upstart Co-Lab, Laura Callanan, joins the podcast, offering concrete advice on how mission-aligned investing can set cultural organizations onto a better path, putting their resources to work in furtherance of progressive goals, while not sacrificing financial return.
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