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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.
Together with Philanthropy California (a statewide alliance of Northern California Grantmakers, SoCal Grantmakers, and Catalyst of San Diego & Imperial Counties), we’re championing a sustainable nonprofit sector by supporting the California Nonprofit Equity Initiative. This package of state bills will support and strengthen the larger nonprofit ecosystem. We’re proud to support this package of bills. Philanthropy has a critical responsibility to advocate for their individual grantees and the larger nonprofit ecosystem. We encourage you to learn more below and use your voice to bring more fairness and equity to government grant-making processes.
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 places we call home, their streets, smells, sounds, and sights, shape our opportunity for a fair shot at a long and healthy life. I grew up in the shadows of greatness, in the city of pride and purpose, Richmond, California. During WWII, it was a busy port between San Francisco and Sacramento, home to the Kaiser shipyards.
Last week we celebrated Black futures and explored how we achieve a multiracial democracy that centers Black people. Northern California Grantmakers (NCG) and California Black Freedom Fund (CBFF) have been scheming to bring something to philanthropy for a while. More than 200 folks joined us to have some challenging conversations about the legacy of systemic racism, how it impacts today, and how we turn the corner and build a democracy that serves us all.
Why does philanthropy change its focus and strategy so often, and on time frames that are unrealistic for minor victories let alone systemic change?