There are many questions about the definition, practice, and evaluation of effective leadership in philanthropy, especially leadership that has the concerns and priorities of communities of color in mind. In response, the Bush Foundation engaged Community Science to conduct a brief study on the state-of-the-art knowledge about leading with a racial equity and social justice lens. We interviewed implementers and evaluators of equity and social justice leadership programs as well as thought leaders who published extensively on the topic, and also reviewed publications related to the topic. The result was 10 key considerations for leadership programs that emphasize racial equity and social justice as well as recommendations for evaluating such programs.