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As foundations put the finishing touches on their 2024 grantmaking portfolios, nonprofit organizations at the forefront of the movement for social justice are also planning their 2024 strategies to build power, disrupt the status quo, transform narratives, and secure more equitable outcomes for their communities – but will they be funded to put those plans into action?
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.
Arts and culture creates community, celebrates identity and expression, make cities vibrant, and spurs the economy. What is at risk when artists and arts and culture organizations are displaced?
Are you struggling to understand your role as a white person in philanthropic spaces centering racial equity? If you are a foundation or philanthropic-client serving staff member, board member or trustee, or a consultant who works with staff and board members of philanthropic entities, join peers in a five-session cohort learning experience to deepen your understanding of how white supremacy manifests in philanthropic organizations and systems.
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.
Data has proven to be a vital ingredient in furthering racial and economic equity in the Bay Area. However, not all local organizations have the capacity to leverage data-driven insights and tools to drive solutions forward and achieve equitable outcomes.
The Bay Area Housing for All regional bond will unlock $10 – 20 billion dollars to build and preserve more than 72,000 affordable homes across 9 Bay Area counties, meeting the urgency and scale of our housing crisis. Over the past few months, the Bay Area Housing Finance Authority (BAHFA) and Association of Bay Area Governments have been holding pivotal public meetings to hear from organizations and community members and inform the bond’s expenditure plans. BAHFA will meet
again on June 26th for their final vote to approve plans and determine whether to place the housing measure on the November 2024 ballot.