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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.
MOUNTAIN VIEW, Calif. - The Bay Area Census Funders Collaborative (BACFC) is pleased to announce more than $3.3 million in grants to nearly 130 nonprofit community-based organizations to promote Census 2020 education and outreach efforts and minimize the chances that residents of the nine-county Bay Area region will be left out of the census count.
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.
Anti-Black racism and white supremacy are embedded in philanthropy and in our institutions, often invisible to the majority of us, even as we work with intention towards equity and justice. As change agents within philanthropy, we are stretching to become our best selves, rise to the moment, and progress toward racial equity.
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.
California is experiencing a series of repeated atmospheric river events that are leading to flooding, power outages, and mudslides across much of the state.
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.