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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.

Investing in community-led real estate infrastructure is a powerful strategy that promotes the security of place, creates affordability, builds wealth, and supports Black and Brown leadership of community real estate development.

The Tax Equity Funders Network, Northern California Grantmakers, the Asset Funders Network of the Bay Area, and the League of California Community Foundations are hosting a 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. This series, sponsored by Blue Shield of California Foundation, is informed by our recent scan of the CA tax credit ecosystem, and responds to California charitable foundations’ interest in learning about and addressing the challenges faced by low-income Californians at tax time and the potential to use tax systems to improve equity.

The American banking system is broken, and the evidence is unmistakable. From the recent failure of one of the largest banks in the U.S. to ongoing predatory products blanketing lower-income communities, it is clear that we are at an inflection point. Bank regulators currently fall into the familiar trap of trying to fix the symptoms such as banning certain products, minor regulatory modifications without fixing the root causes of structural inequities. This results in repeated crises usually requiring taxpayer-funded bailouts but no meaningful change of the system. We must find better opportunities to address staggering losses of wealth through failures in the banking system while also building new structures that support economic equity and help build and preserve more local community wealth.

A coalition of non-profit, philanthropic, business, and public sector partners are working to advance a regional bond that could unlock billions of dollars for the construction and preservation of affordable homes across 9 Bay Area counties at an unprecedented scale in the region.

NCRP’s PowerMoves provides a compelling framework and toolkit for funders to build power, share power, and wield power for equity and justice. This session will explore the Sharing Power module in-depth, offering three living case studies of foundations that turned grantmaking decisions over to the community.

In order to make real changes in our communities, it is not enough to win elections. When progressive candidates get elected, philanthropy must provide them the support they need to govern effectively with the communities that helped elect them. Philanthropy already invests in increasing civic engagement and advocacy on social issues such as improving healthcare, education, and building a strong and inclusive economy for everyone.