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As the political economy ebbs and flows, California finds itself dealing with significant budget deficits more frequently, which ultimately impacts our state’s most historically marginalized residents. Cuts to important programs impacting housing and homelessness, the social safety net, climate resiliency programs and much more have a disproportionate and adverse effect on women and children, low-income families, rural communities, and neighborhoods of color. Nonprofit and direct service organizations often see an uptick in their clients during economic downturns and are compelled to fill the gap without augmentation in funding and resources.
Anti-Black racism and white supremacy are embedded in philanthropy and in our institutions, often invisible to the majority of us, even as we work with intention towards equity and justice. As change agents within philanthropy, we are stretching to become our best selves, rise to the moment, and progress toward racial equity.
Anti-Black racism and white supremacy are embedded in philanthropy and in our institutions, often invisible to the majority of us, even as we work with intention towards equity and justice. As change agents within philanthropy, we are stretching to become our best selves, rise to the moment, and progress toward racial equity. Foundations of Racial Equity is a space for guidance and fellowship on the path to racial justice. Wherever you are on your journey, we invite you to consider whether this entire series or individual sessions within it, will support you in making progress on your anti-racism journey.
Over the next 20 years in the U.S., $35–70 trillion in wealth will transfer from one generation to another in the largest generational wealth transfer in history, mostly moving within wealthy white families. The policies that make possible this protection and accumulation of wealth are situated within the legacy of land theft, genocide of Native people, enslavement of Black people, and exploitation of natural resources. This context of racial capitalism has also given rise to wealth accumulation that, in part, birthed the philanthropic sector. Paradoxically, many of us working within philanthropy aim to contribute to changes in systems, structures, and outcomes that address the harms of interconnected systems like racial capitalism that favor some at the expense of others and the planet.
In 2021, NCG issued a call to the sector to confront existential challenges - convergent and increasing large-scale climate disasters, gaping racialized economic inequities, and drastically inadequate infrastructure and housing - by responding with coordinated, long-term, bold approaches
As dedicated grantmakers, your commitment to supporting impactful initiatives and making the California dream come true for all has not gone unnoticed. We believe that this holiday season is the perfect time to express our gratitude and celebrate your invaluable contributions to creating a more equitable world.
Foundations effect greater change in the world when their funding decisions are shaped by the people and communities most harmed by inequities. While many funders agree with this notion, there is often a struggle to invest in systems change and to actualize community-centered funding. This session will discuss effective vs. extractive listening practices, provide a framework to implement power-sharing, and highlight lessons learned from regional grantmakers to evolve their practices.