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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.
While grantmaking is often the main tool funders think about in terms of impact, there are many other innovative ways to use your time, relationships, and resources to support your nonprofit partners and the communities you serve. Funders can leverage their established platform to spread the word about needed support and convene important partners, or can provide additional capacity to organizations beyond the check. Some look internally, and implement impact investing with the other 95% of their assets. And others support advocacy initiatives outside of their established grantmaking to shift the laws and policies that affect their work. This webinar will highlight different methods for providing support beyond grantmaking, and how to think through what can work for your philanthropy.
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.
What does 2022 have in store for public policy in California?
As we enter the third year of the COVID pandemic, relief and stimulus funds continue to flow from state and federal coffers. New redistricting lines are reshaping legislatures as lawmakers introduce bills that will impact the social sector.
As we mark another Black History Month and celebrate Black futures, there is an urgency for us to address the existing divisions in our country and create solutions that move us closer towards our vision of a strong, inclusive, multiracial democracy with Black communities at the center. Some of the barriers we continue to see in communities across the nation include attacks on voting rights, biased immigration policies, blatant displays of white supremacy and white nationalism, and a decline inequitable economic opportunities.
Disasters and crises impact more and more Californians each year, and our state’s nonprofits and funders often find themselves on the front lines of helping the vulnerable communities most harmed by these events.
NCG recently announced a partnership with NCFP. Members can now have access to NCFP's webinars and resources at the member rate. You can learn more about it here.