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Since 2020, many funders have embraced new ways of interacting with their nonprofit partners and grappled with how to shift the grantmaking power imbalance. Reporting is no exception. Funders have started to deeply consider grantee partners' work when reporting on their efforts in relationship with the grant dollars they receive.
NCG’s sustainers recognize that philanthropy can and must do better. Our sustainers support and bolster NCG’s efforts to deliver programs and offerings that intentionally gather people, lift up effective practices that mobilize the field, and transform philanthropy as a whole to advance racial equity in our region. Additionally, this support gives NCG the opportunity to go deeper, explore new ideas, adapt when necessary, and to experiment with transformative approaches.
NCG is pleased to share that Viridiana (Viry) Romero (she/her) is joining the team as the first-ever Manager of Strategic Initiatives. Viridiana is no stranger to the field and brings a breadth of experience from the nonprofit, philanthropic, and private sectors.
According to the Center for Disaster Philanthropy, philanthropy invests most of its dollars immediately following a disaster, when media attention is at its peak. However, less than 10% of our philanthropic dollars go toward reducing hazard risk and preparing our communities for disasters.
Drumroll please, for our newest team member Huong Nguyen-Yap, who as the Northern California Grantmakers’ first Vice President of Equity and Justice will be accelerating racial equity efforts not only for NCG but for the philanthropic field.
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.
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