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As foundations put the finishing touches on their 2024 grantmaking portfolios, nonprofit organizations at the forefront of the movement for social justice are also planning their 2024 strategies to build power, disrupt the status quo, transform narratives, and secure more equitable outcomes for their communities – but will they be funded to put those plans into action?
In this second session of the Foundations of Racial Equity Series, we explore racial capitalism, which describes the current economic system of extracting social and economic value from people of color. Racial capitalism is based on the theft, exclusion and exploitation of the land, labor, and capital of people of color. Philanthropy—as a social, political, and economic strategy of society’s wealthiest people, mostly white men, and institutions that “do good” while moving wealth without tax exposure— upholds racial capitalism.
Join us on Tuesday, February 13, 2024 from 9:00 am to 4:00 pm at The California Endowment offices in Los Angeles for a special convening on how philanthropy can collectively support housing justice for all California's communities.
As we mark another Black History Month and celebrate Black futures, there is an urgency for us to address the existing divisions in our country and create solutions that move us closer towards our vision of a strong, inclusive, multiracial democracy with Black communities at the center. Some of the barriers we continue to see in communities across the nation include attacks on voting rights, biased immigration policies, blatant displays of white supremacy and white nationalism, and a decline inequitable economic opportunities.
California’s Central San Joaquin Valley is a vast region with 8 counties. It is home to rural, agricultural, poor and working-class communities of color and contains the majority of the state’s prisons. Despite its rich history of organizing and the undeniable impacts of the state’s investment in carceral infrastructure, the Central Valley is overlooked by philanthropy. This region receives the least amount of philanthropic resources for community organizing in the state.
Resourcing and strengthening our nonprofit ecosystem requires holistic grantmaking and bold innovation. It requires foundations to leverage all of their tools to support organizations in achieving their mission. Working together, we can build a nonprofit ecosystem that has the strength and resilience to win.'
The Bay Area Housing for All regional bond will unlock $20 billion dollars to build and preserve more than 72,000 deeply affordable homes across 9 Bay Area counties, meeting the urgency and scale of our housing crisis. This historic opportunity has been years in the making and along with the proposed state level constitutional amendment to lower the threshold for approval of housing bonds, has the potential to make a significant impact both regionally and statewide. How can philanthropy think big and take action to ensure everyone in the Bay Area has a home in a safe and vibrant community?