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In this second session of the Foundations of Racial Equity Series, we explore racial capitalism, which describes the current economic system of extracting social and economic value from people of color. Racial capitalism is based on the theft, exclusion and exploitation of the land, labor, and capital of people of color. Philanthropy—as a social, political, and economic strategy of society’s wealthiest people, mostly white men, and institutions that “do good” while moving wealth without tax exposure— upholds racial capitalism.
I connected with Tanir Ami, CEO of the CARESTAR Foundation, and Michael Heil, Board Chair, during the final week of NCG’s learning series Unconscious Whiteness for Board Members & Trustees, where a cohort of 15 white-identifying board members and trustees came together to learn. We discussed their motivation for participating, the challenges and opportunities CARESTAR has encountered in attempting to center racial equity, and what’s next in manifesting their commitment. The conversation has been edited for brevity.
This sixth and final session of the Foundations of Racial Equity series explores Equity in the Center's “Awake to Woke to Work: Building a Race Equity Culture” publication and framework. Equity in the Center’s research is designed to support leaders as they build and expand their organization’s capacity to advance race equity and transform their culture. In these modules, we’ll engage in a critical conversation on the cases, tactics, and tools that will drive action to combat structural racism in the philanthropic and nonprofit sector.
I’ll be honest: I’ve been putting off answering your question “How do foundation leaders stay clear-eyed in this moment?” As I sit to write, our Northern California skies are hazy with wildfire smoke. It strikes me as a metaphor for this moment, 19 months into COVID, when our visions of a post-pandemic future are shifting yet again. I definitely don’t feel clear-eyed.
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San Francisco, CA—Arts organizations are facing unprecedented challenges as they’ve suspended public programming to help our communities adapt to life-saving shelter-in-place orders. The Arts Loan Fund, managed by Northern California Grantmakers, has announced a COVID-19 Emergency Loan to support arts and culture nonprofits and fiscally sponsored organizations in the eleven Bay Area counties. Organizations can apply for these low-interest loans to cover basic expenses such as staff salaries, artist payments, rent, and other operating costs during this challenging time.
Anti-Black racism and white supremacy are embedded in philanthropy and in our institutions, often invisible to the majority of us, even as we work with intention towards equity and justice. As change agents within philanthropy, we are stretching to become our best selves, rise to the moment, and progress toward racial equity.