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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.
You can find event resources, photos, and news related to the 2022 Corporate Philanthropy Institute here.
In the aftermath of the study and catastrophic flooding following 13 consecutive atmospheric rivers across the San Joaquin Valley, an idea and partnership emerged. Read more below to hear about what worked, what didn’t, and where progress and investments are shifting in the Valley.
We all have felt the impact of heat waves this summer, but the costs and stakes are different across communities and neighborhoods in California. While temperatures rise in California, so do extreme heat illnesses and heat mortality. Those most impacted are unlikely to live in cooler coastal communities, or have access to air-conditioned homes.
Thank you, Dwayne, Marcus, Cathy, Dimple and Ed, for your thoughtful and inspiring answers to questions that challenge our thinking! Ed, I appreciate the hand off, and the question: How do we bridge the gap that often exists between rhetoric and action within our institutions?
As Californians, we know that our own well-being is tied to everyone else’s. California’s Immigrant Resilience Fund is making headlines demonstrating that we are standing together to make sure each and every one of us—native and newcomer—has resources to prevail through the outbreak. No one stands alone. We are one beloved community. Kathleen Kelly Janus, Senior Advisor to the Governor, and Daranee Petsod of Grantmakers Concerned with Immigrants and Refugees joined NCG’s Emily Katz to explain how the fund came to be, some surprising new supporters, and what it means to have a ‘Si Se Puede’ moment (Yes, We Can!)
The report findings illustrate the importance of centering the leadership of formerly-incarcerated people, as well as the need for well-designed fellowships, as an integral part of advancing the movements for social and criminal justice reform.