The Grove Foundation’s Post

Philanthropy is increasingly reimagining its work, process, and purpose in alignment with racial equity and justice. At CEI, we're here to support this future-building work. Find out more about our strategies and how we might partner together here: https://lnkd.in/geHJVgWY 

For many business-owning families, the true measure of legacy isn't just in their commercial success but in the positive ripple effects they create among their families, employees, and communities. If you're attending the University of San Diego's upcoming Family Business Symposium, don't miss the chance to hear my colleague, Maxwell Youngquist, CPA, join a panel to share his thoughts on philanthropy and family engagement. #FamilyEnterprise #FamilyBusiness #FamilyOffice #DoingBetter #Impact

Watch the complete video of our President and COO, Diallo Smith, alongside other panelists in the full discussion "How Justice Demands Are Changing Philanthropy Dynamics" at the recent Mackinac Policy Conference. https://lnkd.in/gabsk__4

Historically speaking, June isn’t a very good month for stocks. Heck, in the past 20 years only September has been worse. Could we see a “June Swoon” this year? We don’t think so. Find out why in the Weekly Market Commentary:https://lnkd.in/dZZh8wAK #marketcommentary #economy #assetmanagement #financialplanning #riskmanagement #legacyplanning #investmenteducation #familyoffice #legacy #philanthropy #impact #alpwm Connect with a wealth advisor at Alexander Legacy Private Wealth Management for a private consultation: https://lnkd.in/eKk2w-ts Jacqueline “JaQ” Campbell Ashley H. Alexander Legacy Private Wealth Management is MBE certified by the Michigan Minority Supplier Development Council.

Can philanthropy competitions be equitable? 🤔 YES 🙌 We believe we provide a rare opportunity for organizations, particularly those with proximate or BIPOC—Black, Indigenous, and people of color—leadership, to compete based on their potential for impact rather than access to a funder’s network. Learn more about our approach in this Inside Philanthropy penned by our CEO: https://lnkd.in/gF5q6At

Why who leads and who we promote/support/amplify matters.

Finding a happy medium can be a challenge for funders strategically investing in grassroots organizations. These findings highlight the relationship between unrestricted multi-year funding, organizational impact, and racial equity efforts. https://lnkd.in/eYp_Y-b5

What does a strong partnership between funders, community organizers, collaborative practitioners, and other stakeholders look like in movement-building work? At last month’s Collective Impact Forum Action Summit, FSG CEO John Harper moderated an incredible plenary conversation with Jason Q. Purnell of James S. McDonnell Foundation and Charli Cooksey of WEPOWER. 10 years after Ferguson, they spoke on power-building, trust, and how they are partnering to sustain the movement for racial and economic justice in St. Louis. Some insights from the conversation: 💭 We need to activate the entire ecosystem in order to sustain and scale movements. 💭 Collaboration needs to be someone’s job — a well-resourced part of their job. 💭 Philanthropy alone is not enough. Philanthropy needs to be a resource to activate the power and scale of government and the private sector. Watch the full recording: https://lnkd.in/eXh6jv8T

Excited to host our 2nd Reframing Philanthropy Session on the Solidarity Economy on January 24th at noon ET. The series is open to donors, grantees, professional advisors, and staff and board members of organizations impacted by social justice philanthropy. We hope you will find the series thought-provoking, challenging, and inspiring. Solidarity economies redistribute power and resources to those who have been most affected by various oppressive systems — and aim to meet the immediate material needs of a community. How can practices of grassroots democracy help to build a world beyond capitalism? How can grantmaking fit within this framework? https://lnkd.in/en7CurKr

"Now is the time for organizations committed to racial equity to intentionally continue engaging in their work." In our latest blog, Erika Seth Davies, CEO of Rhia Ventures, highlights the three next steps forward for values-aligned investors to commit to racial equity: ⚖️ Including racial equity as part of the investment policy statement 🗳️ Soliciting buy-in from all parts of the organization in racial equity investing 🤝 Building partnerships with community organizations, nonprofits, and other stakeholders https://lnkd.in/ebQhnthp