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The Libra Foundation is a family foundation dedicated to funding grassroots justice movements led by and for marginalized communities of color. The Libra Foundation’s guiding principle is that those who are closest to the issues understand those issues best. Impacted communities are not only the most equipped to build solutions, they are the most effective at implementing those solutions. We fund frontline organizations led by and for Black, Indigenous, People of Color (BIPOC) transforming the criminal justice system and advancing environmental and climate justice and gender justice.
Last year in July 2021, NCG hosted a conversation with trans women of color leaders and queer/trans funder advocates–including the Akonadi Foundation, Borealis Philanthropy, Funders for LGBTQ Issues, Horizons Foundation, and Solidaire–to highlight trans leadership and dispel myths that BIPOC trans leaders and their organizations were being adequately resourced, even in the Bay Area.
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.
In a 6-3 vote, the Supreme Court of the United States’s ruling on Dobbs v. Jackson Women’s Health Organization struck down both Roe v. Wade (1973) and Planned Parenthood v. Casey (1992). This landmark decision eliminated a person’s constitutional right to abortion and reverses 50 years of federal abortion protection.
Join Philanthropy California and The Investment Integration Project for an information session on the Systems Aware Investing Launchpad (SAIL).
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.
Confronting and transforming the devastating harm of a planet in crisis along with the ongoing reckoning of persistent deep inequities stands as The Work of our time. Many of us feel a blend of overwhelm, unknowing, and grief - perhaps even guilt and anxiety - that may drive paralysis.