Blog Post

Blog-Header-Newsletters-e1667941515928.jpg

Equity in Philanthropy

Dear JustFund Community, 

It’s happening! There are so many more dynamic conversations in motion today about how to truly center equity in philanthropy.

The most recent one I heard was at the PEAK 2022 Grantmaking Conference last week, (if you didn’t attend this year, be on the lookout for next year’s conference!) where the opening speakers, Amoretta MorrisVu Le, and Satonya Fair talked about ways to operationalize an equitable approach to philanthropy across your grantmaking institution. They asked the question: when will we have a world where philanthropy and charity are no longer needed to support our communities? 

I’m incredibly grateful that there are so many leaders like them offering their bold visions and thinking through what we need to do in the meantime, ideas like:

“Funders need to follow the leads of communities of color.” 

“Stop making communities of color jump through 100 hoops for $10,000.” 

It is a privilege to support the hundreds of JustFunders committed to a common application solution to ensure organizations led by Black, indigenous, people of color have an easy and simple way to apply for funding.  I’m thrilled JustFund is making a targeted investment next quarter to build a new scoring tool that participatory grantmakers can use to easily move to an activist-driven decision making process that centers people closest to the solutions in their grant decisions.  We want to give grantmakers and grantseekers easy tools to center equity in their giving process – from adopting the common application to tools to support participatory grantmaking.

To create meaningful change, people with access to resources need to be willing to take more risks. In the words of Mary Hooks, who was evoked during that PEAK opening session: We need to take risks worthy of the people on the frontlines of change, risking their lives on the streets.

Thank you, JustFund Community, for being ready and willing to take more risks and move more money to chronically underfunded communities often left out of traditional philanthropy. We are nearly at $150M moved and hope to hit $250M by the end of 2022. If you’re not yet a JustFunder, what’s stopping you? 

  • Are you an organization engaged in regranting? 
  • Are you part of a collaborative fund trying to move more money, more quickly?
  • Do you want to reimagine your giving and make it easier for your grantees to apply for funding?
  • Are you looking for work to fund on the frontlines of social change?
     

Warmly,

Iara Peng, Founder & CEO

Iara Duarte Peng

Iara Duarte Peng

Iara Duarte Peng is the Founder and CEO of JustFund.

Related Articles

October 31, 2022

Rewriting the Playbook on Philanthropy

Dear JustFund Community, It takes, on average, 15-25 hours for an organization to apply for funding. That translates roughly into $5,000 spent every time an…

Read More
September 9, 2022

How Access Changes the Game

Dear JustFund Community, Philanthropy and its systems and structures have a racial bias that results in the chronic underfunding of multiple communities, including groups that…

Read More
August 30, 2022

Technology’s Growing Role in Philanthropy

Dear JustFund Community, We know that technology is starting to change the way we give, yet the impact is still slow to take hold at scale….

Read More
July 30, 2022

Changing the Way Money Moves

Dear JustFund Community,   A few years ago, I remember reading an email about a (then) new initiative called “Black Mama’s Bail Out Day.“ Organizers…

Read More
June 30, 2022

Resetting Philanthropy Together

Dear JustFund Community,  When I started JustFund back in 2017, there was one goal in mind: to move more money to movements. Back then, I was…

Read More
May 31, 2022

The Role of Trust in Grantmaking

Dear JustFund Community,  You’ve heard us say that Money Moves at the Speed of Trust™ and undoubtedly you’ve been in a meeting or read a piece…

Read More
April 30, 2022

Changing the Way Nonprofits Apply for Funding

Dear JustFund Community,  Did you know that JustFund is the nation’s first – and only – national common application grantmaking solution? We launched the common proposal…

Read More
February 28, 2022

Funding Historically Excluded Organizations

Dear JustFund Community, JustFunders are off and running in 2022 as they center equity in their grantmaking and work to move more resources to historically…

Read More