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This third session of the Foundations of Racial Equity Series focuses on the importance of healing justice as a strategy, framework, and way of being within philanthropic institutions. The session will focus on internal organizational practices and external opportunities for philanthropy to resource healing justice strategies.
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.
California’s Central San Joaquin Valley is a vast region with 8 counties. It is home to rural, agricultural, poor and working-class communities of color and contains the majority of the state’s prisons. Despite its rich history of organizing and the undeniable impacts of the state’s investment in carceral infrastructure, the Central Valley is overlooked by philanthropy. This region receives the least amount of philanthropic resources for community organizing in the state.
Confronting and transforming the devastating harm of a planet in crisis along with the ongoing reckoning of persistent deep inequities stands as The Work of our time. Many of us feel a blend of overwhelm, unknowing, and grief - perhaps even guilt and anxiety - that may drive paralysis.
The Bay Area Housing for All regional bond will unlock $10 – 20 billion dollars to build and preserve more than 72,000 affordable homes across 9 Bay Area counties, meeting the urgency and scale of our housing crisis. Over the past few months, the Bay Area Housing Finance Authority (BAHFA) and Association of Bay Area Governments have been holding pivotal public meetings to hear from organizations and community members and inform the bond’s expenditure plans. BAHFA will meet
again on June 26th for their final vote to approve plans and determine whether to place the housing measure on the November 2024 ballot.
The neighborhoods we call home are steeped in meaning, culture, and history. Across Northern California, historically Black and other people of color neighborhoods are working to reverse and repair decades of community removals and neglect, while facing ongoing pressures that threaten resident and business displacement. These communities have initiated reparative and inclusive economic and community development efforts along commercial corridors that center the culture, values and history
of local residents.
If you're new to philanthropy, or interested in sharpening your skills, the New Grantmakers Institute (NGI): Grantmaking for the 21st Century, helps build your understanding of best practices for ethical and effective grantmaking and helps you place yourself within the ecosystem that you are now a part of.