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Communities across the country – especially those continuing to struggle with economic and health impacts from the pandemic – are hoping to access part of the billions of dollars in economic recovery dollars deployed to support economic recovery. However, it is groups disproportionately impacted by the pandemic, including rural, historically underserved, and BIPOC communities, that need to secure the funding that will have a generational impact on community climate resilience, public health, and other crucial systems.
This month, NCG's Collaborative Philanthropy Coordinator, Krystle Chipman, sat down with the Loan Underwriter of the Arts Loan Fund and Principal of Padma Consulting, Margaret Southerland. Margaret shared why she believes the Arts Loan Fund (ALF) can be a game changer for arts nonprofits in the region.
Young people are fired up! They see injustices in their communities and existential threats to their futures - a severe housing and homelessness crisis, inflation and stagnant wages, democracy under threat and a loss of rights, and extreme climate impacts - all of which are felt disproportionately by Black, Indigenous, Latinx and other people of color communities.
And as we celebrate Juneteenth on June 19, we know that autonomy and sovereignty are essential to building Black power.
You can find all speaker resources from #CPI2023 here.
Recently, Northern California Grantmakers and philanthropic research and strategy firm Open Impact released Get it Right: 5 Shifts Philanthropy Must Make Towards an Equitable Region, a report funded by the David and Lucile Packard Foundation. The report outlines what we need from decision-makers in philanthropy – board members, trustees, high net worth individuals, CEOs, and executive directors –to listen to communities, catch up to the moment, and align grantmaking support.
As foundations put the finishing touches on their 2024 grantmaking portfolios, nonprofit organizations at the forefront of the movement for social justice are also planning their 2024 strategies to build power, disrupt the status quo, transform narratives, and secure more equitable outcomes for their communities – but will they be funded to put those plans into action?