Big-Money Charities Must Support Grassroots Coronavirus Relief

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Big-Money Charities Must Support Grassroots Coronavirus Relief
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'Philanthropy is a system that helps justify the consolidation of power and wealth, giving foundations a way to do good even as they benefit from wealth inequality. But we know our movements need all kinds of support.' –co_coconner

At Third Wave Fund, we’re working toward a world where philanthropy is no longer needed because all people everywhere are flourishing. But we also recognize that we’re not there yet.

Philanthropy is a system that helps justify the consolidation of power and wealth, giving foundations a way to do good even as they benefit from wealth inequality. But we know our movements need all kinds of support — including the financial resources philanthropy can and must provide. Right now, we need private foundations to serve grassroots movements, helping us transition to an equitable and just world.

We also need individuals, like you, to continue to show up and double down for movements. I’m inspired by the individuals throwing down for our, which is able to move dollars quicker than private foundations were set up to do.

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