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In this second session of the Foundations of Racial Equity Series, we explore racial capitalism, which describes the current economic system of extracting social and economic value from people of color. Racial capitalism is based on the theft, exclusion and exploitation of the land, labor, and capital of people of color. Philanthropy—as a social, political, and economic strategy of society’s wealthiest people, mostly white men, and institutions that “do good” while moving wealth without tax exposure— upholds racial capitalism.
The personal is political. These past two years have made that abundantly clear. NCG’s Leadership, Culture, and Community team also knows that the professional is often deeply personal.
Northern California Grantmakers. We are led by a whose North Star is racial equity internally and externally. We listen to our members, movement groups, and other stakeholders to consider an intersectional racial analysis for a more equitable future. We fully acknowledge that how we do what we do matters.
One of the core values of a trust-based approach is to work for systemic equity, which should include a focus on racial equity. And while trust-based philanthropy and racial equity work are not identical nor interchangeable, both work hand-in-hand to advance a vision for a more just and equitable nonprofit sector. In short, a racial equity lens is needed in order to fully embody trust-based philanthropy, and trust-based philanthropy is a helpful framework to actualize racial equity within philanthropy. To learn more about the distinctions and correlations, you can review the guide on The Intersection of Trust-Based Philanthropy & Racial Equity.
Racial equity, diversity, and inclusion (REDI) are increasingly important topics of discussion in institutions but where to begin and how to start operationalizing REDI can be overwhelming. Join this program if you are curious about how to implement REDI in your institution and want to learn how others engage in it from the business, government, nonprofit, and philanthropy sectors.
Join us on Tuesday, February 13, 2024 from 9:00 am to 4:00 pm at The California Endowment offices in Los Angeles for a special convening on how philanthropy can collectively support housing justice for all California's communities.
This panel will explore the nuances of what it takes to truly transform government practices to address institutional and structural racism, strengthen democracy, and advance racial equity.