Philly RG testifies for Affordable Housing

Philly RG testifies for Affordable Housing

In January 2016, RG Philly created a Political Action working group, to discern our role in and take action on local economic and racial justice campaigns. We went through a process of considering where we could have the most impact, and in March 2016 RG Philly joined the Philadelphia Coalition for Affordable Communities. PCAC’s current campaign, Development without Displacement, is focused on adequately funding the city’s Affordable Housing Trust Fund, which will help keep long-term residents in their homes, working towards a vision of more community controlled neighborhoods.  

Since joining the campaign, RG members have shown up for actions at city hall, gathered signatures for PCAC’s petition to city council, and testified at the Office of Housing and Community Development’s and the City Council’s budget hearings. Testifying alongside of other coalition members has been a powerful experience of leveraging our privilege in ways that deepen relationships and clarify our work in PCAC and Philadelphia.  We’re excited about RG chapters joining political campaigns, so are offering our testimony here, and inviting others who are excited about cross-class coalitions, affordable housing, and land justice movements to connect with us.

Jessica Rosenberg Testifying at Office of Housing and Community Development, April 19th, 2016Continue reading »

Posted in: Uncategorized | Tagged: , , , , , , , , , , , ,

Cross-Class Giving in Philly with Bread & Roses

Cross-Class Giving in Philly with Bread & Roses

by Ben Goldstein

Photo courtesy Bread and Roses Giving Project

What does it mean to be accountable to a cross-class, cross-generational and multi-racial group raising money for grassroots organizing as a young white man with access to wealth? This is the question I asked myself when I joined the Bread & Roses Giving Project early this year. The Giving Project is a 6-month long undertaking dedicated to raising funds for racial and economic justice in the Philadelphia area. The Project involved twenty people, including a handful of RG-Philly members that participated as rich folks who are transparent about their access to wealth. Together we did the work of becoming what Bread & Roses calls donor-organizers: we participated in a weekend-long training on the racial wealth divide, fundraised our networks, made meaningful gifts of our own, and interviewed grantees to determine collectively where the funds we raised should go. Each step of the way was expertly facilitated by the Bread and Roses staff, which allowed participants with varying degrees of experience with social justice organizing to have honest conversations with one another, and with their friends and their families, about the need to fund organizations working for justice and systems change … Continue reading »

Posted in: Uncategorized | Tagged: , , , , , , , , , , , ,

RG Leadership Transition

Dear RG community,

It is with deep gratitude that we are announcing RG’s Executive Director, Jessie Spector, will be stepping down on January 31st 2017.

Over her eight years on staff, and four as ED, Jessie has been part of leading the RG community into tremendous growth and new domains on multiple levels. She helped usher RG into the era of organizing: establishing formal chapters, developing the Praxis Group model, taking on bold, public-facing campaign work, and centering racial justice in all that we do. She was part of the team to steward us into creating a membership structure, stabilized finances, and establishing organizational policy that aligns with our social justice values. Jessie has shared her own and the organization’s story to help grow a diverse cadre of young people with wealth and partners working towards RG’s mission.

We hold deep appreciation for all that Jessie has contributed to the organization, and look forward to partnering with her on a thoughtful transition process.

Jessie says, 
 
My tenure on RG staff has been one of the best aspects of my life. I feel blessed to be so deep in the RG community and to have been given the opportunity to lead … Continue reading »

Posted in: Uncategorized | Tagged: ,

Centering Racial Justice and Indigenous Sovereignty in the New Economy

I was deep in the new economy and localism scene when I finally connected with Resource Generation in 2013. I had been working on local investment issues, and how to connect local investors with local businesses. Behind the scenes I was working on convincing my family that our assets, or at least any capital in my name, should be moved off Wall Street onto Main Street. I attended the first Commonbound conference in 2014, after attending MMMC for the first time and getting an introduction to how economic justice work is innately connected to racial justice. Coming to Commonbound this year, after a couple of years learning about the intersections of race and class, I was surprised and deeply grateful for the shifts that have happened over the past 5 or 10 years–in both my own understanding and what seems like the broader new economy field–to move beyond centering white rich folks investing in fancy organic food enterprises and instead moving into the heart of the transformative work that must be done to fix our economy–centering racial justice and indigenous sovereignty.

Reflections from CommonBound

I’m moved by the organizing that’s happened in the New Economy space, led by people of … Continue reading »

Posted in: Uncategorized | Tagged: , , , , , , ,

Moving Money in a Crisis

After the tragedy in Orlando, the New York City RG chapter hosted a conversation about moving money in response to crises. Here are some choice quotes from our discussion:

How to understand Orlando:

“We can’t forget that [Orlando] is one moment in a larger crisis of homophobia, Islamophobia, et cetera. Just like Sandy was one moment in a larger crisis of poverty, broken infrastructure, systemic racism, et cetera.”

“Focusing on gun control distracts from the real issues. This was an example of violence, not just by an individual, but by the state — the homophobic and transphobic laws that have been passed across the U.S., the fact that the shooter worked for G4S, a security firm contracted by the State Department and Israel, for example.”

“Orlando is connected to daily violence of queer, trans, and gender nonconforming people of color. People are in crisis around you right now. We fight to live — the state is killing us every day.”

“Powerful people and organizations are using this [post-Orlando] moment to push a political agenda. We might as well promote our agenda, too! We should organize in these moments, too.”

How to approach giving in moments of crisis:

“The real answer … Continue reading »

Posted in: Uncategorized | Tagged: , , , , , , , , ,

Solidarity with the Movement for Black Lives

Things are not getting worse. They are becoming more transparent as they get uncovered. We must hold each other tight and continue to pull back this veil. – Adrienne Maree Brown

Last week’s murders have left us reeling. Alton Sterling. Philando Castile. Delrawn Small Dempsey. We condemn these murders of Black people as we condemned the murders of Michael Brown, Tanisha Anderson,  Eric Garner, Sandra Bland; the hundreds more who have died at the hands of the state whose names we’ve heard in the news  and the thousands more whose names never entered our national conversation.

The murder of Black people is not new. The US has yet to reconcile its history of Black exploitation and oppression with the promises of the U.S. Constitution. What’s new is the hyper-visibility of these murders to those of us who have been more shielded from the violence until now. It is more important than ever that we do not look away, but rather go toward the source and uproot it.

We also condemn the murder of the five police officers in Dallas. Modern policing in the US was born out of slave patrols and policing as we know it is not going to … Continue reading »

Posted in: Uncategorized | Tagged: , , , , ,

Door-Knocking for Reparations–as a Rich Kid

Door-Knocking for Reparations--as a Rich Kid

by Dominque Tan and Rachel Gelman, Bay Area RG Chapter leaders

If a group of poor and indigenous people knocked on your door, would you receive them? If they asked whether you would donate your resources to community reparations, would you?

This spring, POOR Magazine challenged both the Bay Area Resource Generation Chapter and the broader wealthy community to step up by participating in their Stolen Land and Hoarded Resources Tour. POOR Magazine is a poor and indigenous people-led grassroots non-profit arts organization, and coordinated the Tour to ask people with class and race privilege to participate in the process of decolonization and community reparations.

When we got the ask from POOR Magazine to speak about RG and our commitment to the process of community reparations, so many questions and feelings surged within us: excitement to take action and solidarity, love for this organization and its work, fear for coming out so publicly for the first time, and caution about saying the right things that aligned with who we are as people and as an organizational ally.

Regardless of the mixed feelings, we were determined to respond to and fulfill a call to action by our poor and indigenous community … Continue reading »

Posted in: Action, Class Privilege, Donor Organizing, GIving, Racial Justice | Tagged: , , , , , , ,

How to Give Boldly from Earned Income: A Guide for Techies and Others Who Don’t Come From Wealthy Backgrounds

How to Give Boldly from Earned Income: A Guide for Techies and Others Who Don't Come From Wealthy Backgrounds

By Ellie Poley (member Chicago chapter; former member Seattle chapter)

Introduction

When my wife and I decided to create a bold, radical giving plan, we had to chart our own course because our money comes from monthly paychecks and annual bonuses, not from an existing fund or wealthy family members. I am sharing my approach to giving and financial planning to inspire people who want and are able to give from their income. While there are many ways to take action as a member of Resource Generation, I am focusing here on giving and redistributing one’s own money since I find it easiest for busy people to get started. Young people who work in tech are perfect candidates: we are busy with the work that pays our large salaries, but we tend not to have as many major financial commitments as older techies.

My Money Story

In Resource Generation, we often introduce ourselves by sharing our “money story”, a personal narrative of our class background and experiences with money. This is always tough for me to turn into an elevator pitch, because my class experiences are varied and complex. Unlike many RG members, my money story does not start with … Continue reading »

Posted in: Class Privilege, GIving | Tagged: , , , ,

Setting Money Free! (with a low-stakes Giving Party)

Setting Money Free! (with a low-stakes Giving Party)

by Rachel Adler, RG Member

Every few months, I’ll make up a batch of my famous caramel corn and invite the Philly chapter of Resource Generation to my house for an hour or so on a weekday evening.  A few of them will show up, and we’ll sit on the couch and catch up for a while.  Then we’ll pull out our computers and our wallets, and for a while the only sound will be the typing of our credit card numbers and the cha-ching of our credit card balances rising.

I know what you’re thinking.  But no, we’re not shopping for our matching RG Philly chapter bejeweled and money-spangled jumpsuits.  Actually, this is a casual low-stakes giving party, and we’re clicking send on donations or loans.  We’re moving money in ways that are small, low-stakes, meaningful, casual, and to be honest, pretty fun.

I started moving money every month, usually about $300, pretty soon after I joined Resource Generation.  In contrast to annual giving, monthly giving allows me to be flexible and responsive with decisions about where to move money.

Here’s the process I usually use: over the course of the month, I keep a short running list of … Continue reading »

Posted in: Action, Class Privilege, GIving | Tagged: , , , , , , ,

Reflecting on New Ways to Connect

Reflecting on New Ways to Connect

Thanks to Veris Wealth Partners for allowing us to cross-post this article from their site.

by Lori Choi, Partner & Wealth Manager at Veris Wealth

I recently had the pleasure of attending the Transforming Family Philanthropy Retreat with an inspiring group of young people, all seeking to align their family giving and investing with social justice values.

Organized by Resource Generation (RG), the retreat was a thoughtful combination of racial and economic justice education, skill-building workshops around social justice, impact investing, and managing family dynamics. Veris was happy to sponsor this conference, and we were thrilled that several Veris clients attended as well.

This was my fourth time attending an RG retreat, and each past conference has influenced my views and understanding of social justice in some way. This time I found myself moved to apply the social justice philanthropy principles1 to the world of impact investing in new ways. In particular, the principles that resonated most deeply with me were focusing on the root causes of problems rather than the symptoms (e.g. through advocacy, organizing, and engagement), and involving those most impacted by the problem into the decision-making process.

Throughout the weekend, I kept asking myself – … Continue reading »

Posted in: Uncategorized | Tagged: , , , , ,