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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.

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.

This panel will explore the nuances of what it takes to truly transform government practices to address institutional and structural racism, strengthen democracy, and advance racial equity.

One of the core values of a trust-based approach is to work for systemic equity, which should include a focus on racial equity. And while trust-based philanthropy and racial equity work are not identical nor interchangeable, both work hand-in-hand to advance a vision for a more just and equitable nonprofit sector. In short, a racial equity lens is needed in order to fully embody trust-based philanthropy, and trust-based philanthropy is a helpful framework to actualize racial equity within philanthropy. To learn more about the distinctions and correlations, you can review the guide on The Intersection of Trust-Based Philanthropy & 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.

Navigating philanthropy requires more than a deep understanding on how to use equitable grantmaking practices, it requires a holistic approach. New Grantmakers Institute (NGI) supports new grantmakers to sharpen their analysis on the role of philanthropy in social change movements, root into their purpose and work towards impact, and cultivate a sense of belonging, in their institutions and the field at large.