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In Get It Right: 5 Shifts Philanthropy Must Make Toward an Equitable Region, we've highlighted 5 case studies from regional leaders who are already doing this work. Read about how the Libra Foundation, Tipping Point, Latino Community Foundation, San Francisco Foundation, Community Foundation of Santa Cruz County, and Silicon Valley Community Foundation are creating donor collaboratives to leverage more capital.
The National Center for Family Philanthropy (NCFP) and Rockefeller Philanthropy Advisors (RPA) are pleased to announce a multi-session Learning and Action Cohort for family philanthropies and individual donors who are significantly scaling up their philanthropy. Once a foundation or other form of philanthropy reaches a certain size, more robust practices and approaches are required in order to maximize impact. This program will support and guide families and professional staff as they adopt the necessary organizational changes to support an influx of assets with peer learning, hands-on workshops, consultation, and expert guidance from others who have successfully maneuvered similar transitions.
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.
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.
The Build Back Better Act has the potential to help the nation grow, as framed by the White House, “from the bottom and middle-out" by providing families with funding for childcare, expanding access to affordable housing, education, and health care, and enforcing tax laws on the extremely wealthy.
To the NCG Community, March 31st will be my final day at NCG. It has been a remarkable 10 years filled with endless stories, laughter, joy, some tears, and enormous growth. Later this spring, I will be joining NPAG, a national talent search firm focused on leadership in the nonprofit and philanthropic sectors. It has been a true gift to be a part of this community and to have the opportunity to work with all of you. As I reflect back on my time, I’ve considered some key life and career lessons I’ve learned along the way.
This third session of the Foundations of Racial Equity Series focuses on the importance of healing justice as a strategy, framework, and way of being within philanthropic institutions. The session will focus on internal organizational practices and external opportunities for philanthropy to resource healing justice strategies.