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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.
Envision a future where every community in Northern California flourishes, where shared prosperity becomes a reality. Our region, celebrated for its diversity and innovation, stands at the forefront of social progress and economic vitality. Yet, amidst this vibrant tapestry, many individuals—particularly Black, Indigenous, and other people of color—struggle to sustain themselves in the communities they call home.
NCG member the Kenneth Rainin Foundation has promoted Adriana Griñó from Arts Program Associate to Arts Program Officer. Congratulations Adriana!As the Program Officer for the Rainin Foundation’s Arts Program, Adriana supports the Director of Arts Strategy & Ventures with Grantmaking activities, and developing and implementing new initiatives.
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.
As funders and concerned community members, we have the ability – and the responsibility – to direct more resources to local organizations that are fortifying our democracy from the ground up.
Each year, NCG's three annual events bring together thousands NCG members and partners from the sector and all over Northern California. As a potential sponsor, you can choose which type of sponsorship is best for you and your organization.
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 Sobrato Philanthropies is championing English language learners in California.