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Our delegation had wrapped up a full day of meetings with congressional and agency staffers where we elevated some of the most pressing issues facing our state: housing and economic security, climate and disaster resiliency, nonprofit resiliency, and democracy and civic engagement.
In 2020, we witnessed philanthropy make major commitments and promises to resource Black-led organizations and movements as part of a renewed reckoning with racial justice after the murders of George Floyd, Breonna Taylor, and countless other Black lives. Historically, Black-led power-building efforts have been at the forefront of transformative change but have been consistently underfunded and under-resourced. The sudden surge in resources allocated to Black-led nonprofits and power-building organizations over the last four years highlights the urgent need to invest in the leadership and visionary ideas for dismantling systemic racism and advancing an inclusive, multiracial democracy. Now, the question remains whether the investments so far are truly sufficient to provide long-term support for Black power-building organizations and their vital work.
Youth involved in the legal system are much more likely to experience housing insecurity. In turn, youth who are homeless are much more likely to be incarcerated. These facts are so well documented that they’re truisms. What’s less established is how we interrupt carceral cycles so that homelessness is never the result for young people in the legal system.
Resourcing and strengthening our nonprofit ecosystem requires holistic grantmaking and bold innovation. It requires foundations to leverage all of their tools to support organizations in achieving their mission. Working together, we can build a nonprofit ecosystem that has the strength and resilience to win.'
2024 promises to be a momentous year for democracy—locally, nationally, and globally. Over 4 billion people are living in countries with major elections this year. In the United States, we will also face familiar but obstinate challenges, including the dearth of local news and youth disaffection with voting and institutions. We will also face challenges that are new in this digital era, namely disinformation turbocharged by generative AI that has enormous power to deceive voters, undermine trust, and destabilize our information ecosystems.
What happens when a group of funders come together with the belief that the grant application process should be simpler and less burdensome for grant seekers?
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.