Those who lack the financial means to organize for social change may turn to elite funders, yet in doing so risk having their goals co-opted. Activist philanthropy minimizes this threat because its grant decisions are made by movement insiders. This structure leaves donors occupying a precarious position. Their money is essential, yet their class position is discrediting. The Crossroads Fund raises its money by integrating donors as activists alongside community organizers. Even though community organizers have greater power inside the foundation, integrating donors requires that community organizers defer to donors' wider class and racial privilege. By showing that securing funding from donors hinges on legitimating their identity claims, this study bridges social movement theories about resource mobilization and collective identity formation.
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