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One of the core values of a trust-based approach is to work for systemic equity, which should include a focus on racial equity. And while trust-based philanthropy and racial equity work are not identical nor interchangeable, both work hand-in-hand to advance a vision for a more just and equitable nonprofit sector. In short, a racial equity lens is needed in order to fully embody trust-based philanthropy, and trust-based philanthropy is a helpful framework to actualize racial equity within philanthropy. To learn more about the distinctions and correlations, you can review the guide on The Intersection of Trust-Based Philanthropy & Racial Equity.
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.
NCG recently expanded membership eligibility and restructured membership dues. Here are the answers to some of your frequently asked questions.
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Find resource documents for completing your Arts Loan Fund application here.
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