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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.
Thank you, Marcus and Dwayne, and Cathy and Dimple, for your courageous leadership. And Dimple, thank you for inviting me into the conversation to answer "What exactly holds us back from making more dramatic transformations in our philanthropy?" I’m humbled to be a part of it. I propose that what holds us back from making more dramatic transformations in philanthropy are three beliefs that we inherit and internalize from white supremacist culture.
Every year, NCG provides cohort-based Institutes, trainings, and series for the philanthropic sector. Each with it's own goal, they provide opportunities for the NCG community to work together.
The lunar new year of the tiger began on February 1, so it's still a new year which means we have an opportunity for a fresh start. Leaders and staff in organizations from different sectors use the phrase “racial equity” or “diversity, equity, and inclusion” and talk about it but sometimes there is a disconnect between talking and acting on what it means to operationalize racial equity.
To ensure economic securityfor Californians, our public safety net needs to evolve, and that means getting serious about unrestricted cash support at the state level.During this legislative cycle, there are many proposals to provide groups of Californians with direct cash supports. From tax credit proposals to reforms in safety net programs, there are critical policy levers California can and should implement now so that all Californians can have the resources needed to live and thrive in the Golden State.
Events From The Field
This sixth and final session of the Foundations of Racial Equity series explores Equity in the Center's “Awake to Woke to Work: Building a Race Equity Culture” publication and framework. Equity in the Center’s research is designed to support leaders as they build and expand their organization’s capacity to advance race equity and transform their culture. In these modules, we’ll engage in a critical conversation on the cases, tactics, and tools that will drive action to combat structural racism in the philanthropic and nonprofit sector.