Community-led organizations play a vital role in fostering economic empowerment in Black communities. These organizations not only address systemic challenges but also nurture local leadership, build collective wealth, and provide opportunities for sustainable growth. According to the 2016 report The Tapestry of Black Business Ownership in America, Black households hold just 1/10th the wealth of white households, a disparity driven by limited intergenerational wealth transfer. This stark inequality goes beyond rhetoric—it calls for transformative action.? Philanthropy is uniquely positioned to support these community-led efforts. Foundations like The Annie E. Casey Foundation and JPMorgan Chase have made meaningful investments in empowering Black communities. By providing sustained funding and amplifying the work of grassroots organizations, we can collectively drive systemic change, close the wealth gap, and uplift Black communities for generations to come.? Let’s champion community-centered solutions that build long-term economic power.? #EconomicEmpowerment #BlackCommunities #Philanthropy #WealthGap #RacialEquity #PincusFamilyFoundation #Community
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Juneteenth: A Day to Celebrate and a Call to Action ??????? Today, we celebrate a hard-fought victory in the centuries-long struggle for Black liberation. We honor the resilience of those who endured the unspeakable cruelties of slavery. We commemorate the belated arrival of emancipation in Texas, the last stronghold of the Confederacy to fall, fully two and a half years after the Emancipation Proclamation. ?? But even as we celebrate, we must confront the unfinished business of reconstruction. The end of legal slavery was but one milestone on the pathway to true freedom and equality. ?? Over 150 years since the first Juneteenth, we are still living in a nation defined by stark racial inequities. The median white family holds six times the wealth of the median Black family. ?? Our schools and neighborhoods remain segregated. ?? Voter suppression tactics aim to disenfranchise Black communities. ??? Police violence against Black bodies continues unabated. ?? ?? This is the context in which my colleagues and I at The Bridgespan Group do our work. We are committed to shining a light on the underfunding of nonprofit leaders of color ??. We celebrate Black brilliance and resilience through the inspiring stories of Dreaming in Color ??. We contribute to evolving discussions of reparations and strategies for narrowing the racial wealth gap ??. In all of this, we recognize that the struggle continues. So on this Juneteenth, let us honor the past by taking up the challenges of the present. Our shared liberation is an unfinished project - and we all have a part to play. --Racial equity resources: https://lnkd.in/eKYDmTuT --Dreaming in Color: https://lnkd.in/eqsPXbBQ --Reparations: https://lnkd.in/ekzmCKBr --Racial Wealth Gap: https://lnkd.in/ebKAemmA #liberation #freedom #racialequity #philanthropy #blackleaders #juneteenth #unfinishedstruggle
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It's time to shift our perspectives for transformative impact. ?? The Black Funding Principles call on donors to adopt a social justice lens in funding decisions. Partnering with a philanthropic advisor can help to leverage this principle to tackle the root causes of inequity and drive long-lasting change. ?? ?? Embracing this principle means looking beyond surface-level solutions. It’s about understanding and addressing the systemic issues that perpetuate inequality. By funding with a social justice lens, we pave the way for comprehensive, transformative change that goes beyond traditional boundaries. Adopting a social justice lens is pivotal in reshaping the narrative and impact of our funding. Committing to this principle is recognizing that a socially just approach is key to breaking the cycles of inequity. ?? #BlackPhilanthropy #fundingprinciples
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Black changemakers face prolonged exposure to stressful situations, high levels of emotional investment, and the constant burden of battling racial injustice. Because this work is about survival and the ability to thrive as a people, the stakes are high and the job is personal. Black changemakers share a vision for collective care, Black well-being and liberation experienced in all its forms. Community building and connection are at the heart of Black changemakers’ well-being. Black well-being is not just something to experience in the present moment, but a way to reimagine and reshape the future as a world where all people can truly thrive. Today we release our latest resource summarizing findings from our recent listening sessions with 27 Black changemakers leading racial equity efforts in nonprofit organizations. Download the brief today at https://lnkd.in/dQ3sR5Zv and join us during our May 23 webinar to explore the insights and key themes that emerged from these powerful conversations.?Register here: https://lnkd.in/d2MgjRTr #ListeningSessions #RacialEquity #RacialJustice #CURECommunity #EmbodiedJustice #CollectiveHealing #CommunityCare #CollectiveWellbeing #RacialJusticeJourney #Healing #Somatics #Mindfulness #Nonprofits
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Juneteenth is More Than a Day Off: Celebrating Freedom with Purpose, Action, and Impact in Philanthropy As we commemorate Juneteenth, we are reminded of the historic strides made towards freedom and equality, and the enduring journey that lies ahead. This day marks the emancipation of enslaved African Americans in 1865, a pivotal moment in American history that underscores the resilience, strength, and unyielding spirit of the Black community. For those of us in the philanthropic sector, Juneteenth serves as a profound reminder of our role in championing justice, equity, and systemic change. Philanthropy has the power to shape a more equitable society, and Juneteenth is a call to action for all of us. Here’s how we can harness this moment to make a lasting impact: Educate and Advocate: Utilize your platforms to educate stakeholders about the significance of Juneteenth and the ongoing struggles for racial justice. Encourage conversations that foster deeper understanding and commitment to Black history and culture. Invest in Black-Led Organizations: Direct funding to Black-led nonprofits and initiatives that are at the forefront of social justice work. Amplify their voices and support their missions to drive meaningful change. Promote Economic Empowerment: Support programs and initiatives that focus on economic empowerment within the Black community. This can include funding for Black-owned businesses, workforce development, and financial literacy programs. Engage in Strategic Partnerships: Collaborate with other foundations, corporations, and community organizations to create a unified approach to addressing systemic inequalities. Strategic partnerships can amplify impact and drive sustainable change. Advocate for Policy Change: Leverage your influence to advocate for policies that address systemic racism and promote equity. Engage in policy discussions, support advocacy efforts, and fund research that informs equitable policy development. Reflect and Commit: Take this opportunity to reflect on your organization’s practices and commitments to racial equity. Conduct equity audits, engage in ongoing learning, and make tangible commitments to advancing diversity, equity, and inclusion within your organization and the communities you serve. Juneteenth is a powerful reminder of our collective responsibility in the philanthropic sector to advance freedom, justice, and equality. Let us honor this day not only with celebration but with purposeful actions that drive impactful change. Together, we can build a future where equity and justice are realities for all. #Juneteenth #Philanthropy #SocialJustice #RacialEquity #CommunityImpact #EconomicEmpowerment #PolicyChange #BlackHistoryisAmericanHistory
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We are still fighting for freedom, regardless of being “given” a day. Today, we celebrate Juneteenth, a significant day in American history marking the end of slavery in the United States. On June 19, 1865, Union soldiers arrived in Galveston, Texas, with news that the Civil War had ended and enslaved people were now free. This was two and a half years after President Lincoln’s Emancipation Proclamation. Recognizing Juneteenth is more than just acknowledging a date; it’s about honoring the struggles and achievements of Black Americans, reflecting on our history, and committing to actions that promote equality and justice. As businesses and individuals, we have the power and responsibility to show up for Black communities. One impactful way to do this is by supporting nonprofits that are dedicated to expanding their reach and helping those who are disenfranchised. Organizations like Fearless Fund, Colorful Connections, and more are on the front lines, working tirelessly to create opportunities and provide resources to those in need. By donating to these nonprofits, we can help amplify their efforts in areas such as education, economic empowerment, health care, and criminal justice reform. Your support can make a real difference in building a more equitable society. Let’s use this Juneteenth to not only celebrate but also to take meaningful action. Together, we can foster a future where freedom and equality are truly realized for all. Colorful Connections: https://lnkd.in/ekrcuvn3 Fearless Fund: https://www.fearless.fund/ #Juneteenth #Equality #SupportBlackCommunities #Nonprofit #Donate #SocialJustice #DiversityAndInclusion #happyjuneteenthiscomplicated #inclusion
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Nwamaka Agbo, MPA, CEO of the Kataly Foundation, believes that philanthropy must stand firmly on the side of justice to fulfill its role in fostering a more inclusive and equitable democracy. In a recent piece from The Chronicle of Philanthropy, Agbo argues that true advancements in American democracy have always been achieved through organized resistance, not by waiting for change. As a result, philanthropy must provide unwavering support to social movements and communities, taking bold steps towards a truly inclusive democracy. Read the full piece to learn how Agbo believes we can collectively push for a more equitable future. #SocialJusticePhilanthropy #KatalyFoundation #EquitableDemocracy
Some in philanthropy say calls for equality are too divisive. Yet organized resistance led by Black Americans forged democracy’s greatest advancements. In a guest essay for #TheCommons, Nwamaka Agbo argues that philanthropy "has the moral responsibility to support those committed to the ever-enduring struggle for a more just world." Agbo is the CEO of the Kataly Foundation. https://bit.ly/4baCKXO
The Commons - From the Chronicle of Philanthropy - Nwamaka Agbo of Kataly Foundation
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Across the country, people are gathering to honor the historic day when the enslaved in Galveston, Texas, were told they were free on June 19, 1865. Juneteenth is remembered through events that highlight the importance of community through culture, music, food, and storytelling. Let’s take this day to reflect on the progress made and the journey ahead, celebrating freedom and unity. We still have work to do. Here are a few suggestions: 1. **Educate Yourself and Others**: Learn more about the history of Juneteenth and share that knowledge. 2. **Support Black-Owned Businesses**: Contribute to economic empowerment by supporting Black entrepreneurs. 3. **Volunteer and Donate**: Get involved with organizations working toward racial justice and equality. 4. **Attend Local Events**: Participate in community events to show solidarity and celebrate together. #Juneteenth #FreedomDay #Community #Culture #History #Progress #ActionSteps
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Why Invest in BRIC’s Five Ts? Building and preserving our assets and resources through participation and philanthropy are central to BRIC’s mission. The Five Ts align our investments towards building BRIC’s organizational capabilities to be a leading voice for change and own their power of resilience. The Five Ts: ??Time - A non-monetary way to invest in BRIC’s mission with your time.? ???Talent - Investing non-monetarily something you do well that helps BRIC and the community. ???Treasure - Financial support, goods or services in-kind.? ????Testimony - Helping to spread BRIC’s message throughout our Black communities. ???(Social) Ties - Strengthen our resources by building donor partnerships. Help us provide the resources and assets that empower Black communities to thrive.?https://lnkd.in/drtqC86Q #TheFiveTs?#BRICBuilder?#BRIC #BlackResilience?#CommunitySupport #Philanthropy?#BlackGiving?#BRICFundCO
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?? ???????????? ???????????????????? ?????? ?????????????????? ?????????????? ?????????????? ??????-?????????????? ????????????????, ??????????, ?????? ?????????????????????? ???? ??????????: Yesterday, I attended a wonderful panel with Carolyn Johnson, Juma Crawford, and Keith Spears through the Black Funders Network of the Bay Area, where they shared valuable insights on navigating Black Philanthropy. One point stood out: the importance of framing our work in ways that highlight the systemic barriers our communities face, while also emphasizing the unique, circumstance-driven challenges they experience. Let’s be clear: ?????? ??????????????????????’ ???????????????????? ?????? ?????????????????????????? ????????’?? ???????????????? ??????????????—???????? ?????? ?????????????????????? ?????????????????? ???????????? ???? ???????????????? ????????????????????. While funders may encourage us to focus on circumstantial narratives, we shouldn’t feel pressured to dilute or disguise our core missions. Instead: ? ?????????? ???????????????????? ???????? to show how identity and circumstances intersect. ? ?????????? ???????? ???????????? ?????????????? ???????????????? ???????????? to resonate with funders while staying true to your community. ? ?????????????????? ???????? ?????????????? ?????????????? to protect your mission’s integrity and reduce reliance on any single narrative. ???? ???? ???????????? ??????????????: How are you navigating these funding pressures while staying true to the heart of your mission? Let’s share strategies and support one another as we continue to advocate for equity and justice. #NonprofitLeadership #DEI #SocialJustice #CommunityImpact
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As Black professionals—myself included—who have built our careers centering race, queerness, and gender as critical intersections of justice, we are increasingly penalized for standing in our truth. This reality is not limited to corporate spaces; it extends to nonprofits that claim to be mission-driven yet fail to live up to their commitments when it truly matters. Over the past few months, I’ve spoken with countless consultants, and one fact is undeniable: those struggling the most are not white, even when their work focuses on equity. This is not a coincidence; it is deliberate and systemic. In the aftermath of the Trump administration, we are witnessing a troubling trend where organizations—nonprofits included—are shifting to the right, retreating from equity and inclusion work when they should be doubling down. This rollback is disheartening and dangerous. Funders have a critical role to play here. They must step up to fill these widening gaps, especially by supporting grassroots movements and consultants (like myself) who deeply understand these lived experiences and the communities most affected. We must ask ourselves: Are we becoming the very systems we claim to dismantle? If donors and organizations continue to fail to “walk the talk,” the harm to marginalized communities will only deepen. Performance without substance is not progress; it is complicity. It’s time to hold ourselves accountable to the values we proclaim. Equity work cannot just be a trend or a tagline—it is a lifelong commitment. The stakes are too high to fall short. #EquityAndInclusion #SocialJustice #ConsultingForChange #NonprofitLeadership #RacialJustice #GenderJustice #QueerLiberation #BlackConsultantsMatter #FundTheWork #WalkTheTalk #Intersectionality #JusticeOverPerformance
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