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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.
We will explore the ABFE approach to grantmaking with a racial equity lens. ABFE's framework, analysis, and tools provide opportunities for grantmakers to support Black communities, and, more broadly, our greater society. ABFE has created a set of tools that reduce gaps in racial disparities facing Blacks in the United States. By centering systemic anti-Black racism within an intersectional framework through which we understand the social, economic, historical, and cultural dimensions of human life, we can conduct grantmaking practices that address inequities across communities.
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.
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.
The 2022 wildfire season is underway. Due to the current drought and extreme heat conditions across much of the state, wildfire impacts in the coming months are anticipated to be extremely severe for people in cities and rural communities.