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The tax code is one of the largest tools federal, state, and local governments can use to provide families with economic security and wealth-building opportunities. Yet the tax code systematically disadvantages women, people of color, immigrants, and low-income families. On behalf of Blue Shield of California Foundation, the Tax Equity Funders Network, Northern California Grantmakers, the Asset Funders Network, and the League of California Community Foundations, we invite you to the second, three-part virtual learning and discussion series for California funders on improving economic security, wealth- building opportunities, and equity for low-income Californians through the tax code.
The tax code is one of the largest tools federal, state, and local governments can use to provide families with economic security and wealth-building opportunities. Yet the tax code systematically disadvantages women, people of color, immigrants, and low-income families. On behalf of Blue Shield of California Foundation, the Tax Equity Funders Network, Northern California Grantmakers, the Asset Funders Network, and the League of California Community Foundations, we invite you to the second, three-part virtual learning and discussion series for California funders on improving economic security, wealth- building opportunities, and equity for low-income Californians through the tax code.
The tax code is one of the largest tools federal, state, and local governments can use to provide families with economic security and wealth-building opportunities. Yet the tax code systematically disadvantages women, people of color, immigrants, and low-income families. On behalf of Blue Shield of California Foundation, the Tax Equity Funders Network, Northern California Grantmakers, the Asset Funders Network, and the League of California Community Foundations, we invite you to the second, three-part virtual learning and discussion series for California funders on improving economic security, wealth- building opportunities, and equity for low-income Californians through the tax code.
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
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.
Arts and culture organizations make the region more vibrant, connected, and beautiful. Yet many smaller, grassroots organizations, especially those that reflect and lift up historically marginalized communities, are often overlooked or operate under the radar of those they are meant to represent.
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.