GFNRE Philanthropy Collaborative Funding Best Practices

- Mission/Vision: Justice Funders is a partner and guide for philanthropy in reimagining practices that advance a thriving and just world. The Justice Funders envision a world that honors the sacredness of our natural resources and recognizes the inalienable rights of all.

Solidare Network: The Solidaire Network works to fundamentally change economic, political, and cultural power systems by growing and nurturing a network of donor organizers to accompany social and racial justice movements. Solidaire’s members move money to the frontlines of social change movements to fund urgent needs, support bold and innovative ideas that others may not fund, and help build long- term infrastructure for the movement. - Mission/Vision Statement: Solidaire envisions a world where racism, economic exploitation, and disregard for the wellbeing of the planet no longer destroys whole communities to benefit a few; a world where all people have power to shape the decisions that affect their lives, and to flourish. Racial Equity Pooled Funding: Pooled funding is a strategy that leverages pooled capital to solve complex issues. Currently, there are more than 160 funds that explicitly seek to improve the livelihoods of individuals who are Black, Indigenous, and people of color (BIPOC) and their communities. Bridgespan pooled a list of over 100 Racial Equity Funds. They define racial equity as directing capital toward creating equitable opportunities for BIPOC individuals and communities. That often requires shifting decision-making power and redefining risk so that capital flows more freely in service of those opportunities. Other Notable Examples: Blended Capital: Racial Justice Collaborative- RSF's Racial Justice Collaborative (RJC) is a philanthropic initiative that provides diverse forms of capital to social enterprises that are: owned and led by BIPOC entrepreneurs, use a stakeholder approach (supporting community, employees, customers, and the environment), and based in the U.S. RSF leverages multiple forms of capital (loan guarantees, mission-related investments, technical assistance grants, participatory grantmaking, recoverable grants) Fellowship & Venture Philanthropy: Echoing Green Racial Equity Fund- EG created a three-year Philanthropic Fund (2021-2024) to ensure that today's heightened awareness of racial inequity translates into sustained action in the social innovation field. Over three years, EG will scale at least 500 social entrepreneurs to refine and scale their work toward racial justice in the U.S. and globally. Multiple Pooled Funds: Borealis Philanthropy Funds- Borealis Funds are made up of nine funds that work collaboratively to enhance collective impact within movements across the country. Collaborative funds offer funders an opportunity to work together on central issues and combine their resources, energy, attention, and expertise to exponentially increase the impact of their work. One of Borealis' Funds, the Racial Equity in Journalism Fund, helps organizations bolster a strong, diverse, and independent media sector that increases civic engagement for communities of color by reaching them with vital, relevant information. Place-Based Approach: East Contra Costa STRONG Collaborative Fund-The East Contra Costa STRONG Collaborative Fund (STRONG) aims to increase racial equity and economic justice in East Contra Costa County by strengthening the capacity of nonprofits, supporting leadership development, and building community voice and power. Racial Equity Funder Experiences: In the last few years, several resources and funder experiences have been created to support donors in embracing racial equity practices. Below are a few essential experiences to engage donors. Conferences & Events :

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