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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.
I’ll confess – the other day it was a bit hard to get out of bed and start the day. It was the middle of the week, a pile of Zoom meetings awaited, and the covers felt especially fresh and comfy.
Recently, Northern California Grantmakers and philanthropic research and strategy firm Open Impact released Get it Right: 5 Shifts Philanthropy Must Make Towards an Equitable Region, a report funded by the David and Lucile Packard Foundation. The report outlines what we need from decision-makers in philanthropy – board members, trustees, high net worth individuals, CEOs, and executive directors –to listen to communities, catch up to the moment, and align grantmaking support.
Recently, Dwayne Marsh, CEO of Northern California Grantmakers, and I were reflecting on how many foundations in our memberships are looking to change direction and move toward racial equity. In an ice-bucket-style challenge, Dwayne posted his thoughts and then tagged me with the question, “How best does philanthropy choose courage in the face of the unprecedented complexity the moment offers?"
As we face the stinging backlash to progress and concerted efforts to challenge the movement for greater equity and inclusion, a new generation of organizers and leaders are defending these wins and building the power of communities to dismantle systems of oppression.
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