Those who lack the financial means to organize for social change may t
urn to elite funders, yet in doing so risk having their goals co-opted
. Activist philanthropy minimizes this threat because ifs grant decisi
ons are made by movement insiders. This structure leaves donors occupy
ing a precarious position. Their money is essential, yet their class p
osition is discrediting. The Crossroads Fund raises its money by integ
rating donors as activists alongside community organizers. Even though
community organizers have greater power inside the foundation, integr
ating donors requires that community organizers defer to donors' wider
class and racial privilege. By showing that securing funding from don
ors hinges on legitimating their identify claims, this study bridges s
ocial movement theories about resource mobilization and collective ide
ntity formation.