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The Build Back Better Act has the potential to help the nation grow, as framed by the White House, “from the bottom and middle-out" by providing families with funding for childcare, expanding access to affordable housing, education, and health care, and enforcing tax laws on the extremely wealthy.
When I started at Hirsch Philanthropy Partners, I had a few impressions. First, I was sensing a desire for big change in Bay Area philanthropy that I couldn’t quite put my finger on. I was engaging in conversations about race, power and decision making, which were the kinds of conversations I was having previously in the nonprofit space. I also discovered that several Bay Area grantmakers were already doing grantmaking differently, bringing diverse communities closer to the center of their work and challenging power dynamics. It felt like a ripe time for change.
As the political economy ebbs and flows, California finds itself dealing with significant budget deficits more frequently, which ultimately impacts our state’s most historically marginalized residents. Cuts to important programs impacting housing and homelessness, the social safety net, climate resiliency programs and much more have a disproportionate and adverse effect on women and children, low-income families, rural communities, and neighborhoods of color. Nonprofit and direct service organizations often see an uptick in their clients during economic downturns and are compelled to fill the gap without augmentation in funding and resources.
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.
Young people are fired up! They see injustices in their communities and existential threats to their futures - a severe housing and homelessness crisis, inflation and stagnant wages, democracy under threat and a loss of rights, and extreme climate impacts - all of which are felt disproportionately by Black, Indigenous, Latinx and other people of color communities.
This month, NCG's Collaborative Philanthropy Coordinator, Krystle Chipman, sat down with the Loan Underwriter of the Arts Loan Fund and Principal of Padma Consulting, Margaret Southerland. Margaret shared why she believes the Arts Loan Fund (ALF) can be a game changer for arts nonprofits in the region.