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In 2021, NCG issued a call to the sector to confront existential challenges - convergent and increasing large-scale climate disasters, gaping racialized economic inequities, and drastically inadequate infrastructure and housing - by responding with coordinated, long-term, bold approaches
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.
Mission Investors Exchange (MIE), in partnership with National Center for Family Philanthropy, Northern California Grantmakers, and SoCal Grantmakers, is pleased to offer its signature introductory learning program. Through both virtual sessions and a two-day experience at The California Endowment in Los Angeles, California, our Institute helps philanthropy professionals get started in impact investing or advance their practice. Participants learn from leading impact investing professionals, network with industry peers, and apply learnings with fellow philanthropy and finance professionals.
The National Center for Family Philanthropy (NCFP) and Rockefeller Philanthropy Advisors (RPA) are pleased to announce a multi-session Learning and Action Cohort for family philanthropies and individual donors who are significantly scaling up their philanthropy. Once a foundation or other form of philanthropy reaches a certain size, more robust practices and approaches are required in order to maximize impact. This program will support and guide families and professional staff as they adopt the necessary organizational changes to support an influx of assets with peer learning, hands-on workshops, consultation, and expert guidance from others who have successfully maneuvered similar transitions.
As a member of a marginalized community, I keep getting tasked with playing the “educator” or “teacher” in my institution. I’m a member of the communities we aim to serve, but I feel uncomfortable serving as a spokesperson or ambassador for my communities. I hold authentic relationships with these grantee-partners outside of philanthropy and feel pressure to represent the MULTIPLE perspectives of my communities. Help, what can I do?
To ensure economic securityfor Californians, our public safety net needs to evolve, and that means getting serious about unrestricted cash support at the state level.During this legislative cycle, there are many proposals to provide groups of Californians with direct cash supports. From tax credit proposals to reforms in safety net programs, there are critical policy levers California can and should implement now so that all Californians can have the resources needed to live and thrive in the Golden State.
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.