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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.
For many philanthropic donors, examining the intersection of social impact and racial diversity of the organizations they fund has become important, particularly to ensure organizations reflect the communities they aim to serve. Unfortunately, efforts to collect this data have resulted in a dizzying array of requests, with different questions and categories, that only increases demands on already overburdened nonprofits. This data is often squirreled away in individual funder silos and not widely accessible, standardized or shared, hindering the sector’s ability to gain a clear understanding of the broader landscape.
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I am new to philanthropy coming from movement-building and nonprofit work. Feeling a little out of place, not knowing all the jargon, institutions, or resources out there. Where do I start? How can I stay connected to my roots with movement-building work in this field? What does building community mean in philanthropy?
The Trust-Based Philanthropy Project is pleased to announce a six-part webinar series addressing common questions, clarifying misconceptions, and exploring ways to overcome obstacles in implementing trust-based philanthropy.
The Trust-Based Philanthropy Project is pleased to announce a six-part webinar series addressing common questions, clarifying misconceptions, and exploring ways to overcome obstacles in implementing trust-based philanthropy.
The Trust-Based Philanthropy Project is pleased to announce a six-part webinar series addressing common questions, clarifying misconceptions, and exploring ways to overcome obstacles in implementing trust-based philanthropy.