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Philanthropy California (Philanthropy CA) is an initiative of Northern California Grantmakers (NCG), SoCal Grantmakers, and Catalyst of San Diego & Imperial Counties. Our combined membership represents more than 600 foundations, corporate funders, philanthropic individuals and families, giving circles, and government agencies investing billions every year to support communities across the state, the country, and worldwide. Learn more about our alliance.
Interested in joining NCG? Apply for Membership now using our easy online form!
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.
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.
Achieving racial equity and sustaining a viable democracy go hand in hand. NCG defines democracy as the processes, systems, and structures for historically marginalized and underrepresented community members to participate in a political system that fulfills the promise of an equitable multi-racial society. Northern California is a region that can model this approach, ensuring that people of color and other communities historically underrepresented and marginalized in our political process fully engage in the democratic process.
Summary
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.