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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.
Resources from Healing Justice: An Integral Approach to Advancing Racial Equity.
Last week we celebrated Black futures and explored how we achieve a multiracial democracy that centers Black people. Northern California Grantmakers (NCG) and California Black Freedom Fund (CBFF) have been scheming to bring something to philanthropy for a while. More than 200 folks joined us to have some challenging conversations about the legacy of systemic racism, how it impacts today, and how we turn the corner and build a democracy that serves us all.
The idea of guaranteed income has a long history but its modern, progressive origins in the U.S. are rooted in the racial and gender justice movements of the 1960s. Guaranteed income (GI) is a cash payment provided on a regular basis to members of a community with no strings attached and no work requirements.
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.
NCG is pleased to announce the operations team is growing! Deirdre Judge (they/them) joins as the new Operations Coordinator supporting the implementation of NCG's internal and external infrastructure. Deirdre has spent their entire career working against oppressive systems and believes that policies, and their operationalization, are what give teeth to liberatory theorization.
This third session of the Foundations of Racial Equity Series focuses on the importance of healing justice as a strategy, framework, and way of being within philanthropic institutions. The session will focus on internal organizational practices and external opportunities for philanthropy to resource healing justice strategies.