This monograph provides a current snapshot of the experiences and perspectives of emerging philanthropic professionals of color on issues of racial equity. Through seven years of People of Color Network programming, Emerging Practitioners in Philanthropy has heard from more than 125 emerging professionals of color in the field about the experience of being a person of color in philanthropy. This paper represents a compilation of the thoughts of individuals from our seven cohorts gleaned from several focus groups and interviews. It reflects their perspectives on the challenges and opportunities to move racial equity in philanthropy today. The responses also emphasize the importance of creating spaces in philanthropy for people of color and White allies to discuss race and other personal identities relevant to their work.