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There is a range of vehicles available to engage the whole family in philanthropy—each vehicle is a tool in your philanthropy toolbox that allows you to reach individual or collective goals through different approaches. Giving families are increasingly using a variety of vehicles in concert with one another to advance their social impact strategies. A single philanthropic family could use a donor-advised fund for their youth philanthropy programs, a family foundation for collective grantmaking, and pilot a 501(c)(4) with their next generation family members who are interested in advocacy work. In this webinar, understand the different motivations for using multiple vehicles, how to connect the purpose behind your giving to your vehicle structures, their pros and cons, and how to create the most useful structure for your philanthropic goals.
NCG recently expanded membership eligibility and restructured membership dues. Here are the answers to some of your frequently asked questions.
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.
In 2019 Stockton SEED was the first ever Mayoral led city-wide guaranteed income pilot in the country, eventually leading to the creation of Mayor’s for Guaranteed Income (MGI). Now numbering over 100+ cities around the country, MGI helped catalyze the newly formed Counties for Guaranteed Income (CGI), which will work at the county level across the country to ensure that all Americans have an income floor.
It may seem the Census and Redistricting cycles have long concluded, but we continue to learn about details, impacts, and overall experience across the state. Various reports have lifted key findings and recommendations for all sectors to consider. Now more than ever, we must reflect on both cycles to build on the strategies and work of funders and nonprofit leaders. Equally imperative, we must incorporate recommendations and voices from our trusted partners to ensure fair representation for all Californians in future cycles.
This month, NCG's Collaborative Philanthropy Coordinator, Krystle Chipman, sat down with the Loan Underwriter of the Arts Loan Fund and Principal of Padma Consulting, Margaret Southerland. Margaret shared why she believes the Arts Loan Fund (ALF) can be a game changer for arts nonprofits in the region.