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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.
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We're thrilled to share that we are expanding NCG's capacity around climate and disaster resilience. Katie Oran (she/her) has joined NCG as its first-ever Climate and Disaster Resilience Fellow playing a central role in supporting the development of regional and statewide strategies. Katie brings experience in climate adaption, disaster response, land use planning, climate justice organizing, and wildfire mitigation.
The National Center for Family Philanthropy (NCFP) and Rockefeller Philanthropy Advisors (RPA) are pleased to announce a multi-session Learning and Action Cohort for family philanthropies and individual donors who are significantly scaling up their philanthropy. Once a foundation or other form of philanthropy reaches a certain size, more robust practices and approaches are required in order to maximize impact. This program will support and guide families and professional staff as they adopt the necessary organizational changes to support an influx of assets with peer learning, hands-on workshops, consultation, and expert guidance from others who have successfully maneuvered similar transitions.
With excitement and appreciation, we share the news that Crispin Delgado will join the Insure the Uninsured Project (ITUP) team as its new Executive Director effective March 20th to lead its work giving all Californians an equitable opportunity to live their healthiest lives.
In June & July, NCG and the UC Merced Community & Labor Center brought funders,
government, and leading community, work, and labor organizations dedicated to serving
farmworkers and rural communities across California together – both virtually and in the San
Joaquin Valley. These events cast a spotlight on the social and economic impacts of the 2023
floods, while also examining the persistent inequities that rural and farmworker communities
experience.