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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.
We all have felt the impact of heat waves this summer, but the costs and stakes are different across communities and neighborhoods in California. While temperatures rise in California, so do extreme heat illnesses and heat mortality. Those most impacted are unlikely to live in cooler coastal communities, or have access to air-conditioned homes.
A family philanthropy has a much better chance of success if there is an intentional culture that values continuous improvement, feedback and professional development, and an integrated approach of learning and assessment across governance, philanthropic strategy, succession, and more. The assessment process asks organizations to evaluate their philanthropic purpose, governance, team, accountability, finances, and family—to answer how you can continually keep people engaged and excited about this work, and improve on what already exists. This webinar will explore how board and staff can create a learning culture within the philanthropy, different tools to assess the organization internally, and strategies to build assessment and feedback into all facets of the work.
If we have learned anything about effective community-based response to the health and economic consequences from the COVID-19 pandemic, it is that coordination between governments, nonprofits, and faith-based organizations is critical to addressing the needs of people with the fewest resources who bear the greatest impact of the pandemic.
While grantmaking is often the main tool funders think about in terms of impact, there are many other innovative ways to use your time, relationships, and resources to support your nonprofit partners and the communities you serve. Funders can leverage their established platform to spread the word about needed support and convene important partners, or can provide additional capacity to organizations beyond the check. Some look internally, and implement impact investing with the other 95% of their assets. And others support advocacy initiatives outside of their established grantmaking to shift the laws and policies that affect their work. This webinar will highlight different methods for providing support beyond grantmaking, and how to think through what can work for your philanthropy.
Working in racial equity and social justice in the philanthropic sector is challenging because the “personal is political,” and there often feels like no break from our 9-5 roles. We don’t get to take off our skin or the grief we feel in our bodies from the years of oppression of racism that our people have endured.
NCG's public policy work has had some extra support this summer. We welcomed Arnold Dimas (he/him) a second-year Master of Public Health student at UCLA, to the team as a policy intern.