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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.
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Every year, NCG provides cohort-based Institutes, trainings, and series for the philanthropic sector. Each with it's own goal, they provide opportunities for the NCG community to work together.
Every year, NCG provides cohort-based Institutes, trainings, and series for the philanthropic sector. Each with it's own goal, they provide opportunities for the NCG community to work together.
Last year, CCJFG hosted a 2-part webinar series focused on local implementation of SB 823 (juvenile justice realignment) which passed in 2021 and will ultimately shutter the California’s Division of Juvenile Justice.
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.
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