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Re-imagining an equitable region is core to NCG’s Equitable Recovery framework. Rather than a return to what once was, can we disrupt, re-imagine, and restructure what’s possible? Kim Williams, Hub Manager at Sacramento Building Healthy Communities (Sacramento BHC, a part of The California Endowment's Building Health Communities 10-year plan) spoke with Crispin Delgado NCG's Public Policy Director, about where philanthropy can continue to step in, how to take a community-centered approach, and why movement-building needs to be at the center. Read the full conversation below!
The Community Arts Stabilization Trust’s goal is to acquire 100,000 square feet of space for arts groups by the end of 2018 and expand its footprint in Oakland. Today, the Kenneth Rainin Foundation announced $3 million in additional funding for the Community Arts Stabilization Trust (CAST), a game-changing organization that protects San Francisco Bay Area arts and cultural organizations from displacement. This three-year grant will help CAST realize an ambitious goal to acquire 100,000 square feet of space for arts groups by the end of 2018. With this funding, CAST will expand and prioritize its work in Oakland to create permanently affordable spaces for arts organizations. The funding will also help CAST continue its work in San Francisco.
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.
Join Rise Economy and the California Community Land Trust Network for a funders-only virtual
briefing and conversation with foundation, public sector and community leaders on the
importance of corporate accountability in tackling the housing crisis. Presenters will share policy
strategies to address the capital gap by increasing banking sector investment in affordable
housing and BIPOC homeownership. Moderated by Dr. Manuel Pastor, funders will learn about
how these campaigns could generate significant resources and data to address the state's
affordable housing crisis, stabilize neighborhoods, and build climate resilience.
Join Philanthropy California to discuss the use of guarantees in impact investing and learn more about the Community Investment Guarantee Pool (CIGP).
How can corporate philanthropy be responsive to the demands of this moment? It's a question rooted in the very nature of a capitalist economic system, where corporations focus on maximizing returns exacerbates inequities. Into that mix, corporate foundations and champions of social responsibility mobilize their companies’ resources and talent to restore community balance and advance social good.
To truly strengthen our democracy for the long-term, funders need to hear directly from young people and youth organizing staff and follow their lead to deeply invest in the ecosystem that builds political home and collective agency for us.