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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.
As we face the stinging backlash to progress and concerted efforts to challenge the movement for greater equity and inclusion, a new generation of organizers and leaders are defending these wins and building the power of communities to dismantle systems of oppression.
NCG is thrilled to announce that Qurratulain “Q” Sajid (she/they) has joined the team as the Senior Director of Public Affairs. Q will lead our efforts to build narrative power rooted in racial equity and align our communications and public policy strategies. Join us in welcoming Q to the team! You can learn more about Q here.
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.
The personal is political. These past two years have made that abundantly clear. NCG’s Leadership, Culture, and Community team also knows that the professional is often deeply personal.
RISING LEADERS COHORT
NCG's Rising Leaders Cohort is a unique opportunity to focus on your leadership journey within philanthropy and build the skills that will take you to the next level.
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.