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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.
Join Oakland Thrives, The San Francisco Foundation, East Bay Community Foundation, and Northern California Grantmakers for a site visit in the 40x40 neighborhood on November 1st to learn about the visionary work of Rise East. This half-day event includes transportation through the neighborhood, lunch in Liberation Park, and stops at key sites.
SAN FRANCISCO – The Youth Power Fund is pleased to announce a total of $870,000 in grants to 29 youth organizing groups in Northern California. The fund was launched in 2019 by foundations and donors that recognize the importance of youth organizing and its role in sustaining a vibrant, inclusive society. To this end, the fund invests in young people of color, particularly young Black and Indigenous leaders, who are creating the world they want to live in by reimagining and transforming communities and systems.
NCG’s board and staff are pleased to announce the conclusion of a rigorous search for the organization’s next president and CEO. From a pool of nearly 90 candidates and many strong contenders, one leader emerged as the consensus choice of board, staff, and management. Oakland’s own Dwayne S. Marsh brings nearly thirty years’ experience advancing racial and economic equity through sustained work in the public, nonprofit, and philanthropic sectors.
Recently, Northern California Grantmakers and philanthropic research and strategy firm Open Impact released Get it Right: 5 Shifts Philanthropy Must Make Towards an Equitable Region, a report funded by the David and Lucile Packard Foundation. The report outlines what we need from decision-makers in philanthropy – board members, trustees, high net worth individuals, CEOs, and executive directors –to listen to communities, catch up to the moment, and align grantmaking support.
Rising sea levels due to climate change have put people, the natural and built environment at severe
risk not only on the California coast, but throughout the state. Flooding affects housing and
transportation infrastructure and rising groundwater releases buried toxics, with disproportionately
impacting low-income communities of color bearing the greatest burden. The price tag to mitigate
these dangers to community and economic wellbeing are staggering, with over $110 Billion projected
for the Bay Area alone.
The neighborhoods we call home are steeped in meaning, culture, and history. Across Northern California, historically Black and other people of color neighborhoods are working to reverse and repair decades of community removals and neglect, while facing ongoing pressures that threaten resident and business displacement. These communities have initiated reparative and inclusive economic and community development efforts along commercial corridors that center the culture, values and history
of local residents.