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Monthly Archives:January 2023

What We’re Reading: Seven Ways Philanthropy Can Invest in the Rest and Healing of Social Justice Leaders

From Forward Promise: “The grind of movement work takes an extra toll on leaders of color. Through their lived experiences, they are well-acquainted with the same dehumanization and racial trauma that they are committed to eradicating from society. Oftentimes, leaders of color are bearing this emotional, physical, and mental cost—the tax that they pay for their social consciousness—alone. They should not have to drive themselves to sickness or death in the war on racism. Right now, funders can do more than merely applaud their martyrdom by investing in the well-being of leaders of color in seven key ways.”


Respect the expertise of leaders of color.
Acknowledge the burden they shoulder.
Stop racial disparities in funding that further drain leaders of color.
Clear a path to healing with multi-year general operating support.
Fund for the longevity of leaders.
Drive the conversation about the importance of rest.
Expedite your action.

Read the full article here.

ICYMI: As Philanthropy Ends a Challenging Year, Historic Lessons Show a Path Forward for an Increasingly Complex Field

“The end of 2022 has brought the kind of news that gives philanthropy a bad rap. Most notably, the collapse of cryptocurrency giant FTX amid charges of fraud against its founder, Sam Bankman-Fried, led to a loss of millions of dollars in expected donations and questions about the much-heralded effective-altruism giving approach, for which Bankman-Fried served as a bankroller and poster boy,” said Leslie Lenkowsky for The Chronicle of Philanthropy. “The FTX saga capped off a year of continuing challenges in the nonprofit world. High inflation cut into nonprofit budgets and endowments while also increasing operating costs. When estimates are reported, giving in 2022 measured in real dollars is likely to show little growth, or even a decline — one of the few times that’s happened outside of a recessionary year.”

“The past three decades have also seen the growth of a variety of organizations providing services to philanthropy, including this publication, which launched in 1988. Hundreds of colleges and universities started programs to prepare students for careers in nonprofits and increase public understanding of the field. That may partly explain why more attention has been given to measuring and evaluating the results of philanthropic efforts.”

“Effective altruism has also emerged in the past 30 years as an outgrowth of many donors’ understandable interest in knowing their gifts are used as well as possible. As the Johnson Center’s report points out, that has led to increased investment in research and evaluation. But advocates of effective altruism call for a more rigorous approach than philanthropy has traditionally used — one that could lead donors to bypass giving to nearby groups and those focused on present-day challenges in favor of faraway organizations and problems likely to occur in the distant future.”

“Not surprisingly, many wonder how philanthropic that really is, and Bankman-Fried’s fall from grace has underscored their concern.”

“Similarly, controversies over issues such as philanthropy’s involvement in politics and the outsized influence of big donors grow out of changes during the past three decades that have made philanthropy’s role in society less straightforward. As the Johnson Center’s report shows, these changes have greatly improved philanthropy, but also present new problems for which solutions will be both necessary and challenging. The coming year is as good a time as any to start addressing them.”

Read the full article here.

Orchestrator of stolen Banksy faces long prison sentence

While sparks of hope can ignite in the darkest of times, so too can people turn to selfish acts in desperation. And it is hard to wag too strong a finger at anyone looking to improve their station in Ukraine given the treacherous climate war has placed its citizens in. It is maybe not too surprising then that a (nearly) stolen Banksy would occur in Hostomel, and the main individual responsible is now facing long prison times.

 

Last year we were privy to an impromptu act of hopeful creation by the legendarily elusive artist Banksy. Without any fanfare leading up to it, murals in the artist’s iconic style began appearing around Ukraine on the edifices of buildings bombed out by Russian forces. Exemplifying the spirit of perseverance and resilience shown by the Ukrainian people surviving in ruins, these images quickly circulated and became tied to the resistance efforts of the war.

 

But in early December, Ukraine reported that a dozen people came to cut out the piece from the home it was created on in the suburb of Hostomel of Kyiv, Ukraine. Most were apprehended at the scene after having removed the would-be stolen Banksy from the wall. Authorities have since honed in on the individual who lead the action and they are now facing the possibility of twelve years in prison. But in their own defence they state that they had taken down the image with the intent of auctioning it for proceeds towards the Ukrainian army.

 

The piece in question depicts a woman in curlers and a bathrobe equipped with a fire extinguisher, a gas mask covering her face. It’s par for the course of Banksy, radiating a distinctly ambivalent energy of domestic, daily life with the great weight of socio-political turmoil. Against the lurid yellow of the building, the stark white figure evokes an almost ghastly energy, trepidatious but prepared.

 

While the stolen Banksy clearly did not end up far from its home, the act of trying to take away a piece that gave so much hope does give pause, even if enacted by those in the community. But one must question whether over a decade of imprisonment is a fitting punishment for an individual if they truly sought to help others in this time.

“NFTme” brings the gospel of NFTs to Prime Video

In each passing month since the start of 2021, NFTs seem to have inched further and further into the mainstream. When it got to the point where 20-somethings had to explain to their parents at Christmas what these Donald Trump trading cards really were, it became clear that this has become more than niche information. And with the release of a new Prime Video series, NFTme aims to explore the industry and its impacts through interviews with “various NFT pioneers, entrepreneurs, brands & creators.”

 

NFTme is available to (unsurprisingly) buy to watch on Prime and looks to cover the emerging industry of NFTs in its first season. Describing the latest crypto phenomenon as a “creative revolution”, it is clear the series takes a loudly supportive stance on the movement. The project is produced by Tech Talk Media, the production company of Jonny Caplan, who serves as creative lead across the board for the series. A large proponent of the tech industry, it is hard to see if this docu-series will be more than a one-sided conversation about NFTs.

 

The trailer itself watches like a buzz-word-laden boardroom pitch or an advertisement for the Metaverse more than it does a documentary. Various individuals involved in the closed-circle trade of crypto and NFTs sing its praise as revolutionary for artists, stating that this is what will make the difference between artists profiting from their art or not; the question that should truly be raised is whether this phenomenon has made art more profitable or merely made profit seem more artsy. But this taster alone makes the series seem like it will be full of more glowing testimonials than a commercial for OxiClean.

 

NFTme doesn’t exactly seem poised to convert the mass-uninitiated into devout followers of NFTs or pioneers in the overwrought sphere of Web 3. But there is something intriguing in seeing the genuine points-of-view from those who have made themselves beholden to this form of exchange, that has become nigh-inseparable from the art industry for the time being.