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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.
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.
In Get It Right: 5 Shifts Philanthropy Must Make Toward an Equitable Region, we've highlighted 5 case studies from regional leaders who are already doing this work. Read about how The Castellano Family Foundation is making a blueprint for change.
It is a tremendous privilege to work with the philanthropic sector. Our member community is made up of 217 members and more than 3,500 individuals – just imagine the impact of the power, influence, and potential we can have.
NCG is thrilled to announce that the illustrious James Head, former CEO of the East Bay Community Foundation amongst other distinguished posts will be joining our team as the new 5 Shifts Senior Fellow.
First, let’s get honest about the historical context we are operating in. Philanthropy exists as a result of capitalism and was formed through centuries of slavery, colonization, and displacement. The systems are designed to extract resources, privatize wealth, and centralize power and control of said resources. The systems are successfully doing exactly what they have been designed to do.
In a year of memorable moments, I keep coming back to a conversation I had with my cousin Harold that is shaping my entry into 2021. Harold lives in Chicago and is an ardent student of history, particularly in the pursuit of racial justice. His observations often help me refine my own thinking.