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Leveraging the unique perspectives, energy, and visions of young people can transform philanthropy into a more powerful force for change. Across California, funders are stepping out of their traditional roles to deconstruct the power dynamics that exist in philanthropy and utilize participatory approaches that bring together young people and funders to make decisions on grants. As we reimagine what grantmaking can be, learning directly from young people and those involved in the work is crucial in
being able to contribute to the landscape constructively. It informs funders what the vast needs of the ecosystem are and how their work can contribute.
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.
You can find event resources, photos, and news related to the 2022 Corporate Philanthropy Institute here.
Philanthropy is full of paradoxes that hold us back. As we enter 2024, one of the most troubling philanthropic paradoxes is emerging across the field. Foundations tend to retreat when they are needed the most. Why? Because foundations are taught to value perpetuity above our collective humanity.
NCG's Sarah Frankfurth chatted with Pui Ling Tam and Chrissy Sa about the Fund and lessons learned. tam Pui Ling Tam led the initial funder organizing to launch the Generational Recovery Fund, and Chrissy Sa and Pui Ling Tam served as Advisory Group Members throughout the life of the Fund. Watch and read more about the experience of leaders and youth participants from the fund below.
If you know me, you know how central my mother was in my life. I often say I do what I do because of my father, but I am what I am because of her. So when her birthday rolled around recently and my sister Nadine mentioned she’d unearthed some more papers of hers, I was naturally interested. In particular, Nadine found notes my mother had made on a 1948 article titled Health Problems of Negroes in Richmond. I was equally impressed by the depth of the analysis of the article and the thoughtful notes my mother had made on it. Some of its findings might sound familiar:
Join us for an in-person grant writing training that brings together community-based organizations, nonprofits, and Tribes in and around Sacramento to learn about pursuing grant funds to support your organization’s vision and values. An emphasis will be building organizational capacity to address climate resilience initiatives.