Black Equity Collective Explores Cost of Courage at Equity & Justice Symposium


Black Equity Collective Explores Cost of Courage at 3rd Annual Equity & Justice Symposium

On May 30, the enterprising nonprofit that aims to empower Black-led social justice organizations in Southern California hosted a day of panel discussions and community building while exploring complex issues at the intersection of race, philanthropy, and political power.

The Black Equity Collective (BEC) is committed to realizing a just and equitable society by investing in Black communities. The Los Angeles-based community-public-private partnership that began as the Black Equity Initiative in 2017 strengthens the capacity and infrastructure of Black-led organizations in Southern California by partnering them with public and private donors for long-term sustainability.

In 2022, the BEC staged the first Equity & Justice Symposium as a place for member organizations, funders, and government officials to network with fellow supporters of racial equity funding, build community for collective action, and exchange ideas. The annual conference now serves as the organization's flagship event, highlighting the work of the BEC and offering a valuable forum in which to examine critical issues in the philanthropic, nonprofit, and public sectors.

At this year's symposium — which explored the theme of "collective courage" — funders and executives of Black-led organizations candidly discussed their respective challenges and goals in addressing and bridging the equity gap. (The unrestricted net assets of Black-led organizations are 76 percent smaller than White-led organizations' assets, according to the BEC.) Held at the Huntington in San Marino, California, the event featured panel discussions, breakout sessions, and guest speakers that included such visionaries in the philanthropic and nonprofit sectors as Weingart Foundation Interim President and CEO Joanna S. Jackson, California Community Foundation President and CEO Miguel Santana, California State Assemblymember Isaac G. Bryan, and BEC Founder and Chief Architect Kaci Patterson.

GRoW is honored to continue its support of the Equity & Justice Symposium as well as the Black Equity Collective.

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