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How can corporate philanthropy be responsive to the demands of this moment? It's a question rooted in the very nature of a capitalist economic system, where corporations focus on maximizing returns exacerbates inequities. Into that mix, corporate foundations and champions of social responsibility mobilize their companies’ resources and talent to restore community balance and advance social good.
Recently, Dwayne Marsh, CEO of Northern California Grantmakers, and I were reflecting on how many foundations in our memberships are looking to change direction and move toward racial equity. In an ice-bucket-style challenge, Dwayne posted his thoughts and then tagged me with the question, “How best does philanthropy choose courage in the face of the unprecedented complexity the moment offers?"
Thank you, Marcus and Dwayne, and Cathy and Dimple, for your courageous leadership. And Dimple, thank you for inviting me into the conversation to answer "What exactly holds us back from making more dramatic transformations in our philanthropy?" I’m humbled to be a part of it. I propose that what holds us back from making more dramatic transformations in philanthropy are three beliefs that we inherit and internalize from white supremacist culture.
Many voices in philanthropy are speaking up, some for the first time, about the protests, the killings, and the structural racism behind them. We welcome all-comers and stand in our belief in Black, Indigenous, and communities of color as defenders of democratic ideals. We too are grieving and angry; structural and anti-Black racism are root causes of wealth, health, employment, and education disparities. The enforcement of racist policies is putting Black and Brown lives at the mercy of the pandemic and police brutality’s deadly toll.
Miguel asks: “Why do y’all think so many foundations are unwilling to give out more than the minimum payout? How can we convince larger foundations to give more than what is legally required?”
I'm excited to share that NCG has launched its Collective Resilience Initiative, a new effort to support and strengthen the region’s nonprofit sector. The initiative focuses on the key factors impacting nonprofit sustainability in the region and the types of grantmaking practices that will best support evolving organizational needs.
Drumroll please, for our newest team member Huong Nguyen-Yap, who as the Northern California Grantmakers’ first Vice President of Equity and Justice will be accelerating racial equity efforts not only for NCG but for the philanthropic field.