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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.
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.
2024 promises to be a momentous year for democracy—locally, nationally, and globally. Over 4 billion people are living in countries with major elections this year. In the United States, we will also face familiar but obstinate challenges, including the dearth of local news and youth disaffection with voting and institutions. We will also face challenges that are new in this digital era, namely disinformation turbocharged by generative AI that has enormous power to deceive voters, undermine trust, and destabilize our information ecosystems.
With more than 30 new state legislators taking office in Sacramento, a $25 billion budget shortfall projected by the Governor, and the looming threat of recession, 2023 presents significant changes and challenges for those of us in the charitable sector working to support vulnerable Californians throughout the state.
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.
Our nonprofit ecosystem is the backbone of our philanthropic work and efforts to build thriving communities. We rely on nonprofits to drive solutions and carry the weight of justice. In turn, how can the philanthropic sector support our nonprofits in this time?
Pathways to Housing Justice: A 3-Part Series on Intersectional Solutions
We all deserve a decent place to live. It’s a matter of basic justice and a measure of who we are as a community. Having a stable, affordable home impacts our health, ability to find and keep a job, success at school, and connection to our communities. Our whole community does better when everyone has good, safe housing.