Philanthropy Must Evolve: How we redefined business as usual to move $500 million

Source: Common Dreams
by Carmen Rojas & Daniel Gould

“For too long, philanthropy has hidden behind the twin gatekeepers of fiduciary duty and perpetuity to avoid giving more when communities need it most. Last year, the Marguerite Casey Foundation provided a one-time fivefold increase in funding to meet a deepening moment of crisis. We learned this was a lifeline to many organizations facing increasing attacks and whose funders were pulling back from supporting racial and economic justice organizing. The damage we’re seeing (from cuts to essential government services and ICE raids to a corrupt federal government orchestrating the largest transfer of wealth from the poorest people to the richest in our nation) will have impacts for a generation. Philanthropy must provide resources at a scale and with a fervor that meaningfully responds to the reality of the world around us.” (06/10/26)

https://www.commondreams.org/opinion/philanthropy-must-evolve