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Thanks, Marcus and Dwayne, for your inspiring words and your leadership. As good discussions go, you’ve both got me thinking. And thanks to Marcus for tagging me and inviting me to jump into the conversation. Marcus’s “meet the moment” question for me is a good one: How does philanthropy need to work differently in these complex and turbulent times?
New Breath Foundation (NBF) mobilizes resources to support Asian American and Pacific Islanders (AAPIs) harmed by the unjust immigration and criminal justice systems to heal, keep families together, and build movements that shift narratives and policies. We are organizers and directly impacted leaders who are building a community of funders and donors committed to providing hope and healing to AAPIs facing violence, incarceration, and deportation.
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.
This past week, the award-winning hip hop artist and actor Common went behind the scenes in Southern California to better understand our nation’s prison pipeline, and learn from people whose lives are profoundly affected by it both on the inside and the outside.
Join us on Tuesday, February 13, 2024 from 9:00 am to 4:00 pm at The California Endowment offices in Los Angeles for a special convening on how philanthropy can collectively support housing justice for all California's communities.
According to the Center for Disaster Philanthropy, philanthropy invests most of its dollars immediately following a disaster, when media attention is at its peak. However, less than 10% of our philanthropic dollars go toward reducing hazard risk and preparing our communities for disasters.
As funders and concerned community members, we have the ability – and the responsibility – to direct more resources to local organizations that are fortifying our democracy from the ground up.