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NCG's longest-running fund, the Arts Loan Fund (ALF) is welcoming two new Co-Chairs! NCG's own Viridiana (Viry) Romero chatted with Ron Muriera and Denise Pate to talk about what's in store for the ALF, why it's unique, and how they are sharing power to support communities.
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We are a network of funders learning together, incorporating a climate equity lens into current and additional grantmaking strategies, and taking action together.
Leveraging the unique perspectives, energy, and visions of young people can transform philanthropy into a more powerful force for change. Across California, funders are stepping out of their traditional roles to deconstruct the power dynamics that exist in philanthropy and utilize participatory approaches that bring together young people and funders to make decisions on grants. As we reimagine what grantmaking can be, learning directly from young people and those involved in the work is crucial in
being able to contribute to the landscape constructively. It informs funders what the vast needs of the ecosystem are and how their work can contribute.
n mid-April, 18 funders from throughout California traveled to Fresno for the California Criminal Justice Funders Group Central Valley Funder Convening. They were joined by 20 movement leaders representing community organizations throughout the Central San Joaquin Valley from Stockton to Bakersfield. Take a look at the report back, here.
Over the next 20 years in the U.S., $35–70 trillion in wealth will transfer from one generation to another in the largest generational wealth transfer in history, mostly moving within wealthy white families. The policies that make possible this protection and accumulation of wealth are situated within the legacy of land theft, genocide of Native people, enslavement of Black people, and exploitation of natural resources. This context of racial capitalism has also given rise to wealth accumulation that, in part, birthed the philanthropic sector. Paradoxically, many of us working within philanthropy aim to contribute to changes in systems, structures, and outcomes that address the harms of interconnected systems like racial capitalism that favor some at the expense of others and the planet.