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Sharpening the Edge 2.0 is a 4-part learning and collaboration series that will help philanthropic grantmakers sharpen their power-building strategies by engaging in 501c(4) funding and complementary 501c(3) funding strategies.
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The Build Back Better Act has the potential to help the nation grow, as framed by the White House, “from the bottom and middle-out" by providing families with funding for childcare, expanding access to affordable housing, education, and health care, and enforcing tax laws on the extremely wealthy.
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.
Drumroll please, for our newest team member Huong Nguyen-Yap, who as the Northern California Grantmakers’ first Vice President of Equity and Justice will be accelerating racial equity efforts not only for NCG but for the philanthropic field.
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.
Learn more about the Racial Equity Action Institute by reading some frequently asked questions here.