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At this year’s Corporate Philanthropy Institute, we’ll explore what it means to create a new pathway and build new standards. We’ll highlight the pressures (both external and internal), offer context under which we’re doing our work today, share replicable strategies, provide tools for you to take back home to your company, and most importantly, offer space to be with others in the field wrestling with and seeking answers.
As we mark another Black History Month and celebrate Black futures, there is an urgency for us to address the existing divisions in our country and create solutions that move us closer towards our vision of a strong, inclusive, multiracial democracy with Black communities at the center. Some of the barriers we continue to see in communities across the nation include attacks on voting rights, biased immigration policies, blatant displays of white supremacy and white nationalism, and a decline inequitable economic opportunities.
Foundations effect greater change in the world when their funding decisions are shaped by the people and communities most harmed by inequities. While many funders agree with this notion, there is often a struggle to invest in systems change and to actualize community-centered funding. This session will discuss effective vs. extractive listening practices, provide a framework to implement power-sharing, and highlight lessons learned from regional grantmakers to evolve their practices.
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 California Criminal Justice Funders Group is an established statewide network of funders and donors that invest in a wide range of systems change. CCJFG engages funders from their current location and perspective and supports them to transform learning into collective action; develop principles that align with the movements to end policing, criminalization, imprisonment and the disinvestment of communities in California; build meaningful relationships with impacted communities; and mobilize and redistribute resources.
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.
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.