The philanthropic sector, and those who work within it, often have complex relationships with the wealth that has made the sector possible. Addressing those complex personal and institutional relationships, while advocating for the equitable distribution of financial resources to grantee partners, builds a stronger sector.
This includes:
- Mobilizing and allocating financial resources equitably in support of grantees and the communities they serve
- Building nonprofit financial literacy, including budgeting and an understanding of key aspects of non-profit financial management
- Deepening awareness of creative grantmaking practices, including participatory grantmaking
- Navigating personal and institutional relationships with money
Resource Mobilization Resources
Want to learn more about how to mobilize resources and navigate your personal and institutional relationships with money? The following resources and articles can get you started:
- Money as Medicine by Edgar Villanueva - an article that highlights how money and grants, when done in alignment with healing, can be a means to repair marginalization from colonial legacies.
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Grantmaking with a Racial Justice Lens by Philanthropic Initiative for Racial Equity - a guide that provides grantmakers with reflections, frameworks and tools built from the direct experience of activists and funders for advancing racial justice in any philanthropic setting.
You can also learn more about how resource mobilization connects to the larger field through Advocacy & Policy, better understand the philanthropic sector's historical relationship to money and wealth with Sector Knowledge, or take a look at all seven ILF cornerstones here.
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