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Communities across the country – especially those continuing to struggle with economic and health impacts from the pandemic – are hoping to access part of the billions of dollars in economic recovery dollars deployed to support economic recovery. However, it is groups disproportionately impacted by the pandemic, including rural, historically underserved, and BIPOC communities, that need to secure the funding that will have a generational impact on community climate resilience, public health, and other crucial systems.
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.
We know that using data to inform education policy strategies dramatically increases college access and success in post-secondary education. Many states across the country have set statewide attainment goals, and we can now learn from those case studies. In partnership with Philanthropy California, we invite you to learn about statewide and national education policy efforts that have increased educational attainment and completion for California’s most vulnerable student populations.
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.
Throughout the COVID-19 pandemic, Community Based Organizations (CBOs) have responded quickly and nimbly to ensure Black, Indigenous, and other people of color who have been most impacted have access to timely and accurate information in multiple languages, tests and vaccines, food, internet, and so much more. These organizations are essential partners, trusted by the people they serve, who have taken on public health work that often goes beyond their core missions and programming because their communities need it.
Since the start of the pandemic, we have observed several transitions among foundation CEOs. These transitions have come about in a number of different ways. A significant number of CEOs retired from their positions (and a few have been dragged back into the fold). Some transitions have occurred because of new (or renewed) foundation missions which necessitated changes in organizational structure. And others have come about due to the natural evolution of careers, interests, and opportunities. But whatever the case, understanding what these transitions are like for the leaders— current and former—is instructive to both the field and the larger community.
New organizations emerged in response to COVID-19, 2020’s racial reckoning, and to meet the rising needs and service gaps in communities. Many of these organizations are led by BIPOC leaders, have small budgets, small teams, and are often fiscally sponsored. What do these emerging organizations need for long term sustainability? How can funders support these organizations?