Ensuring Equitable and Sustainable Public Funding: Philanthropy’s Critical Role

Communities across the country – especially those continuing to struggle with economic and health impacts from the pandemic – are hoping to access part of the billions of dollars in economic recovery dollars deployed to support economic recovery. However, it is groups disproportionately impacted by the pandemic, including rural, historically underserved, and BIPOC communities, that need to secure the funding that will have a generational impact on community climate resilience, public health, and other crucial systems.

California will receive over $136 billion in new and upcoming economic recovery public investments. The allocation of these Federal and State funds, as well as the design and implementation of economic development plans, will mainly fall to state and local jurisdictions. The urgency to ensure these once-in-a-lifetime public investments are deployed equitably is without precedence, especially for those who have historically been left out from accessing funding.

Philanthropy can play a critical role in ensuring that historically underserved communities have the opportunity to benefit from these significant investments and impact the decision-making process. Join the institutions behind the Community Economic Mobilization Initiative (CEMI) and community leaders to learn how community-based organizations, government, and philanthropy are mobilizing to ensure the equitable distribution of these funds. Panelists will also share how to strengthen the ability of Black, Indigenous, Latinx, Asian, Native, and disability communities to build their own sustainable futures.