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NCG is thrilled to announce that the illustrious James Head, former CEO of the East Bay Community Foundation amongst other distinguished posts will be joining our team as the new 5 Shifts Senior Fellow.
This month, NCG's Collaborative Philanthropy Coordinator, Krystle Chipman, sat down with the Loan Underwriter of the Arts Loan Fund and Principal of Padma Consulting, Margaret Southerland. Margaret shared why she believes the Arts Loan Fund (ALF) can be a game changer for arts nonprofits in the region.
First, let’s get honest about the historical context we are operating in. Philanthropy exists as a result of capitalism and was formed through centuries of slavery, colonization, and displacement. The systems are designed to extract resources, privatize wealth, and centralize power and control of said resources. The systems are successfully doing exactly what they have been designed to do.
How can corporate philanthropy be responsive to the demands of this moment? It's a question rooted in the very nature of a capitalist economic system, where corporations focus on maximizing returns exacerbates inequities. Into that mix, corporate foundations and champions of social responsibility mobilize their companies’ resources and talent to restore community balance and advance social good.
We all have felt the impact of heat waves this summer, but the costs and stakes are different across communities and neighborhoods in California. While temperatures rise in California, so do extreme heat illnesses and heat mortality. Those most impacted are unlikely to live in cooler coastal communities, or have access to air-conditioned homes.
We no longer have to wonder what we would have done if we’d been around at the peak of the civil rights movement. Whatever it is, we will be doing it now. These words ring from our conference. This moment demands more from us. This moment demands we be explicitly clear: Black lives matter! This moment demands we say their names: Nina Pop, Breonna Taylor, George Floyd, Ahmaud Arbery, Tony McDade and remember Oscar Grant.
In the kickoff of out Mic Drop Series, hear from Aria Florant on philanthropy's role in reparations.