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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.
Join Philanthropy California to discuss the use of guarantees in impact investing and learn more about the Community Investment Guarantee Pool (CIGP).
Through our work, we envision California communities that are protected from the impacts of natural hazards; have equitable access to financial, relational, and political resources so they can mitigate, adapt to, prepare for, respond to, and recover from hazard events; and benefit socioeconomically from a just transition.
Anti-Black racism and white supremacy are embedded in philanthropy and in our institutions, often invisible to the majority of us, even as we work with intention towards equity and justice. As change agents within philanthropy, we are stretching to become our best selves, rise to the moment, and progress toward racial equity.
Join us on Tuesday, February 13, 2024 from 9:00 am to 4:00 pm at The California Endowment offices in Los Angeles for a special convening on how philanthropy can collectively support housing justice for all California's communities.
Youth involved in the legal system are much more likely to experience housing insecurity. In turn, youth who are homeless are much more likely to be incarcerated. These facts are so well documented that they’re truisms. What’s less established is how we interrupt carceral cycles so that homelessness is never the result for young people in the legal system.
Mission Investors Exchange (MIE), in partnership with National Center for Family Philanthropy, Northern California Grantmakers, and SoCal Grantmakers, is pleased to offer its signature introductory learning program. Through both virtual sessions and a two-day experience at The California Endowment in Los Angeles, California, our Institute helps philanthropy professionals get started in impact investing or advance their practice. Participants learn from leading impact investing professionals, network with industry peers, and apply learnings with fellow philanthropy and finance professionals.