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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.
Join Oakland Thrives, The San Francisco Foundation, East Bay Community Foundation, and Northern California Grantmakers for a site visit in the 40x40 neighborhood on November 1st to learn about the visionary work of Rise East. This half-day event includes transportation through the neighborhood, lunch in Liberation Park, and stops at key sites.
A recent report, Much Alarm, Less Action, from the Center for Effective Philanthropy found that both foundation and nonprofit leaders believe that climate change will negatively affect their work —no matter the issues they focus on. However, less than 2% of all giving went to building climate resilience. Continued climate inaction by the philanthropic sector, will undo existing efforts to address a multitude of societal challenges, particularly those around public health.
Disasters and crises impact more and more Californians each year, and our state’s nonprofits and funders often find themselves on the front lines of helping the vulnerable communities most harmed by these events.
Envision a future where every community in Northern California flourishes, where shared prosperity becomes a reality. Our region, celebrated for its diversity and innovation, stands at the forefront of social progress and economic vitality. Yet, amidst this vibrant tapestry, many individuals—particularly Black, Indigenous, and other people of color—struggle to sustain themselves in the communities they call home.
In 2020, we witnessed philanthropy make major commitments and promises to resource Black-led organizations and movements as part of a renewed reckoning with racial justice after the murders of George Floyd, Breonna Taylor, and countless other Black lives. Historically, Black-led power-building efforts have been at the forefront of transformative change but have been consistently underfunded and under-resourced. The sudden surge in resources allocated to Black-led nonprofits and power-building organizations over the last four years highlights the urgent need to invest in the leadership and visionary ideas for dismantling systemic racism and advancing an inclusive, multiracial democracy. Now, the question remains whether the investments so far are truly sufficient to provide long-term support for Black power-building organizations and their vital work.
Pathways to Housing Justice: A 3-Part Series on Intersectional Solutions
We all deserve a decent place to live. It’s a matter of basic justice and a measure of who we are as a community. Having a stable, affordable home impacts our health, ability to find and keep a job, success at school, and connection to our communities. Our whole community does better when everyone has good, safe housing.