uh because uh because really English is my second language you know I didn't learn English until I was 11 and I have this whole lot of personality andp you know so I reference myself back to that personality um so I'd love to just you know find out your names want I to start with you all right my name is egis AIS yes okay my name is ch chal I'm Stephanie hi Stephanie um I'm sister I'm okay hi I'm Jenny hi Lexi I'm Julia my name's you can just call me sis okay we can put if you want you know but
I don't remember my password the New York Times I think it's just it's just my G okay so here why don't I just give you the um the application which is right there there the application and and if not you know it's not deal okay one more student hello just you are Jasmine Jasmine and Shane King Shane Shane we have Dr Abraham ramz how are you great so so I am wondering so the talk today is about philanthropy how many of you you know know that word philanthropy and how many of you have thought abo
ut a career in philanthropy yes uh well my understanding is what little I do know just that it's like giving back to the community and investing in things and become a monetary yeah okay right uhhuh anybody else yes um thought about like grant funding grant funding yeah for Community initiatives art art community initiatives anybody else yes yeah I think giving back to the community is a perfect definition and I feel like it's every path that I see myself in the future it's some sort of like non
profit or somewhere where I'm it's like giving back to the community without you know necessarily getting anything except for purpose thank you so Jasmine is looking at you know possibility of a career in philanthropy and the nonprofit sector you know because it allows her to give back you know and there's you know there are people who have careers where they want to make a lot of money and that's great we all want to make a lot of money we all want abundance for ourselves and for our families a
nd our community but we also want meaning right you know because meaning is almost more important than money you think about it anyone else you know thinking about a career in philanthropy so let me tell you how I got into uh philanthropy and then we're going to talk a little bit about you know what organized philanthropy is and what it's not we're going to look at you know some people who are working in philanthropy do you guys know any Latino philanthropists well let me tell you something you
probably do because probably your families are philanthropists probably you know most of our families send money out remittances account you know for 60 70 billion dollar a year we are givers okay philanthropy is about giving in the United States unfortunately philanthropist has become you know about people who have a lot of money and who want to deduct money from their taxes right they want to shelter monies that really belong to the people but they want to shelter it and put it into a foundati
on that doesn't mean that it's bad it means you know that they have control over that money go governments don't have control and we're going to look a little bit later on we're going to look at who those people are you probably know their names you know Bill Gates McKenzie Scott you know the Ford Foundation you know a bunch of a bunch of others but let me tell you how I came to philanthropy my my background is in sociology and in communication and I came out to California to work with the Mexic
an-American legal defense fund even though I am not Mexican americ I'm from Cuba and as I said I came to the United States at the age of 11 into a a school that was a segregated School uh where I was the only person that could not speak English um and I actually had a wonderful teacher who throughout the time that I couldn't speak kept you know eye contact with me and as soon as I could speak made me feel like I was a genius and so it despite everything that was going on my family all of a sudde
n you know had to adapt to a new environment you know um my father was doing work that in the past he wouldn't have been doing you know my mother was stretch inin my brother was you know 14 and he was going through adolescent all the things that immigrant families go through despite all of that I had a good teacher and that you know really saved me and so anyhow that's my Cuban immigration story but I came out here to work uh with a wonderful group of public interest lawyers at the Mexican-Ameri
can legal defense fund do you guys know who they are anybody knows who they are so they are public interest law firm what that means is that they um they do law on behalf of Mexican ameran of central Americans and one of the things for example if you are you know a student at any of the UC systems um one of the things uh one of the lawsuits that they won was the ability for undocumented students to not have to pay out of state tuition in the past many years ago undocumented students had to pay u
m out of state tuition and it's a lot more than instate tuition but the other thing that they have done is they've fought against segregation in schools in housing um they have fought against segregation in in voting and so on and so forth anyhow I came out here to work for malde um and um at a certain point they moved their office and my son at the time was 9 years old I didn't have to want to move him again cuz we had already moved from Miami out here and so I started looking for work and I go
t you know I got a job with a corporation and I was going to make a lot of money and I accepted the job and then I had this other uh job offer for much less money uh with an office that I didn't quite understand what they did so I accepted the job for a lot more money and after a week I realized that I was going to be very unhappy in that you know in that job and when you're unhappy in a job you usually do a terrible job so it you know I was going to fail so I went back to the corporation I than
ked them and I said you know I made a mistake um thank you for the opportunity but I think I need to be doing something else and went back to the other job it was a foundation called the shayin foundation which by the way is a fake name because it's the foundation for an anonymous donor that doesn't want people to know who he is right because he inherited millions and billions of dollars so I went to that foundation and I said you know you offered me this job and if you if the job is still open
I'd like to you know I'd like to take it and that's how I got into philanthropy it was purely you know coincidental I never planned a career in philanthropy I never KN I mean I knew what the word meant you know but I really didn't understand philanthropy as an industry but philanthropy in the nonprofit sector is actually 10% of our gross domestic product and you will see that philanthropy be accounts for about $500 billion a year of Investments now if you think about the budget of the State of C
alifornia which is about 300 billion you can see you know that it's a lot of money and you know and the question is who's managing that money and surprisingly you know People Like Us and other people sitting around a table trying to make you know good decisions about how to invest money okay and so we're going to come back at the end and talk some more you know about careers and philanthropy and if you're interested in that sort of thing you know how you might plug in and and so on um but can we
look first at uh the the the top foundations okay so here are the found some of the foundations and this is what their annual giving is now annual giving is 5% of total Corpus that means 5% of whatever they have you know in the bank okay so vill and Melinda Gates you know about that's 4 trillion is 4 billion billion 4 billion okay Silicon Valley 1 billion um can you explain Diana again what the what you had said about what percentage signifies of their total 5% this is 5% of what their total in
come of of the their Corpus their endowment oh okay so so here's we let me explain okay so Bill Bill Gates you know oldtime teching right makes you know a lot of money through Microsoft right and then you know he has to pay taxes on that money or he can he can wave the tax on that money and put it into a foundation right um in fact I was Elon Musk is trying to do something similar so so he puts let's say say 500 half a billion dollars into an endowment and then that endowment makes itself makes
money okay because it's invested in different you know in different Industries and different stocks and different things he has to give away at least 5% of what that endowment is worth he has to give it away you know every year in order to maintain a tax exempt status okay now he can give away way more you know he can give away 10% he can give away 20% and and in fact you know foundations often will will do that so how many of you follow the market the stock market a little bit okay so so compan
ies have you know a stock market and you can buy let's say you know uh corason CH you know that's a a company and you want to buy one stock okay as corason CH you know becomes you know very uh prosperous you know your $10 investment in coras chates you know all of a sudden becomes $100 and then you can sell you can take that $100 and put it somewhere else right okay so with these guys you know what they do is they make a lot of money on you know those Investments and they put it away in a tax ex
empt shelter which you know allows them to still maintain control over those funds okay because who signing the check for a million do or $2 million or $50,000 you know Bill and Belinda gates are signing the check they're the ones that are responsible but guess what they don't sit at the kitchen table every day saying oh yeah we want to give to the this cause or the other they have staff they have staff you know there's a guy by African-American Man by the name of Alan goldon who basically manag
es a team of people that make decisions over grants and education as an example and and folks folks like that so do you recognize any of these names you know billing Melinda Gates in Seattle right if you ever go to Seattle you can't miss their building it's a huge compound you know and it's you know bigger than like the Apple building I think it was was done by the same architect silicon Community Foundation headed by African-American woman um her name is Nicole Taylor uh why would you think tha
t Silicon Valley Community Foundation would be the second one on that list yes just because it's growing and it's a very successful area because Tech entrepreneurs Park their money at the Community Foundation so let's say this year I made a lot of money but I don't want to pay taxes so what I do is I take a chunk of that money I park it at the Silicon Valley Community Foundation okay and I get a tax exemption so all of those folks making money in Silicon Valley that's what they're doing with the
Silicon Valley Community Foundation Susan Thompson Buffet Foundation well you know that's out of Omaha and it's basically Buffett's money and Warren Buffett um who is one of the democratic party's largest donors you know um has given away a lot of his money um and continues to be a very successful businessman even though he's 92 or 95 something like that the Ford Foundation started by the Ford Motor Company except when it was started at the beginning of the 20th century when the tax EX exemptio
n was passed the Ford family held that foundation and the Ford family was actually very conservative they were notoriously anti-semitic and you know they were um they were racist you know and misogynist and all the things that you know we don't like but that Foundation has become a public Foundation there are a number of people on the board of that foundation and that Foundation is now headed by an African-American queer guy who grew up in Texas uh you know son of a single mother um who from the
age of 13 uh was a bus boy uh in Mexican restaurants so things change and that's a great possibility you know for all of us so Ford Foundation gives away you know over um 556 million the Lily Endowment in Indiana 511 uh Jewish communal fund Walton family um but look at who else William and Flora huet $431 million they're they they live an hour away from here you know that family of course William Flora Pula died but uh their children and Grand children you know live in this area and that Founda
tion is is obviously one of the top ones here's another one in California in Northern California the David and Theo Packard you know Foundation $325 million a year um any of you you know know know the company huid Packard yeah okay so David Packard and uh bill hulet um started uh computers in their garage you know before the new tech uh generation made a lot of money and those two are among the biggest foundations in um in California um so you can see here's a good one Doctors Without Borders $2
40 million I mean think about that very good you know organization so so that gives you an example of the foundations and Northern California is rich in foundations because in addition to all of those there's a bunch of foundations that are kind of under the radar the Levi Strauss Foundation the hot family foundations the Helman foundations The Swig foundations there's many many others okay because it is of interest to people of wealth to be able to set aside you know part of those part of that
money um the question becomes is philanthropy about provid in you know tax exemption for the wealthy yeah yes it is it is about that you know but what else do foundations do I mean is there anything like you know that they do that is in the public interest do they serve anyone but themselves think about it yeah well we have a lot of buildings people that have invested like buildings we have here probably wouldn't have those schools if they didn't invest in those or named after them my question f
or you was do you think they would in would be giving away so much if those was beneficial to them why would they be giving away so much well I'm saying if they didn't have this benefit right would they even be donating at all we don't know you know I have interviewed many philanthropists that say they would they say they would that the reason obviously they want to take advantage of the tax exemption but that they would have done it you know anyway because after a certain point you know you ask
yourself what's the greatest value for the resources that I have and by the way all of us ask ourselves that whether we have a little bit or a lot because we want to be mindful and we want to be intentional in the way that we use our resources right okay so they ask themselves that and they have a lot of resources and so for example you know the hos family which lives in San Francisco you know and they've got kids and they've got accidents of they're just you know a family funds juss Berkeley y
ou know to the tune of millions and millions of dollars every year now of course we want to make them fund Latinos more that would be really enlightened and and and you know we're going to make that case uh to them but um you know what what I think happens after you know a while is that foundations have sort of an identity and a sense of mission so let me give you an example of a foundation that change the way we live and our laws so I don't know how many of you have seen films about the early 1
960s you know about the Civil Rights Movement about you know people that wanted you know college students going down to Alabama to register uh you know black voters Community organizers in Mississippi and in Georgia you know going out there encouraging black voters you know to go out and vote because of course there were laws and there was also laws that were impediment to to their voting right so how did those laws change one of the ways that they changed is because at that time the Ford Founda
tion funded all of those workers in the South and they also funded a bunch of public interest law firms like the end aacp they funded maliff a bunch of lawyers that took cases to the Supreme Court and in the 1960s 1964 65 and 66 they changed the laws up until that time it was okay to discriminate in housing supposedly it was not okay to discriminate in education but it still continued to happen and you know and and you know many many of the laws that were enacted you know the in and who was supp
orting you know Martin Luther King you know in all of those you know uh all of those demonstrations throughout the South it was the Ford Foundation the Carnegie Corporation and a number of mostly New York based foundations that were doing that work so it's not just a bunch of you know people out there not in tune these foundations can be just like anything it can be you know an asset for Progressive causes or it can be a downside much of the way we hear today about certain foundations and C C co
rporations you know investing you know against immigration um you know um in in favor of you know laws to restrict women's access you know to abortion and many many other other things so any questions about this or any comments close Shane the yes um just a question on like page you have pulled up so what exactly are these figures in terms of like amount of money per year like is this amount of money being spent amount of money being invested no it's amount of money that you know it's being cran
ked out in checks it's no longer checks they're transfers they're Bank transfers so uh so yes what it is is money given out you know $2 million for you know um a building at you know in UC $100,000 for an event $5 million for scholarships for students and all of that added up you know ends up being the 455 or you know $550 million okay and then something I like I kind of get the appeal of like a tax exemption but something that I like don't kind of get is like okay if you because if you donate t
he money then you don't have to pay taxes on um but I wonder like wouldn't it be less expensive to just keep the money even if you do pay taxes on it or is it like do they get back that money somehow or is this money that they would otherwise be spending so I guess I've been kind of confused on that b for a while okay great so great question so when you get Beyond let's say that you make you know $10 million a year right supposedly you should be paying like 70% of that $10 million in taxes you p
ay a lot okay so you can either pay that to the government and keep you know the $3 million you know that and and that's your income or you can take you know a portion of it and put it aside and then you know give it away to causes that you like so so the answer is it's you get to keep a lot more money you know if you put it away either in D or there other you know for small um givers there's something called a donor advise fund you know so you put your money away in a donor advise fund and then
you you know you give it to causes that you believe in so it's it's always better from a financial point of view to do that yes um in terms of like how this benefits the public like if you're saying that like 70% would need to be paid in taxes and taxes are used to fund public projects for the public good yeah um do you feel like doesn't that take away from like the power of legislators and all this other stuff we're supposed to do that absolutely to choose what they want to fund instead of wha
t the public wants to fund absolutely and and that is the main argument against philanthropy on the other hand if you're a philanthropist you're also you know weighing that that 70% of your income is going to go for example you know at least half of it is going to go to the Pentagon for Wars is that what you want so so think about it it's it's a complicated issue but you know in addition to all of these folks there are Latinos who are philanthropists there are Latino philanthropists and I want t
o introduce you to one such philanthropist um Amelia Garcia and her husband Sergio Garcia who um who lives right here in Oakland and who is an example of a um of a Latino philanthropist Amelia can you hear me I can I hope you can hear me okay I can't see you but yeah there you areia hold on I don't know what um okay I see me hold there okay great okay ready so Amelia I want to introduce you to these this fabulous group of young people who are asking amazing questions about philanthropy and the t
ax exemption and all of that but I mostly wanted them to see you know a Latina philanthropist because I think it's so important that we you know have a narrative as the givers that we are and so I just want want you to tell us a little bit about your story s and the causes that you care about and why you give well uh I I'll start with just letting you know who I am briefly I uh we grew both said you and I grew up in Los Angeles I grew up in BO Heights and we're first gen gen um ofia the Mexico a
nd I you I I went to to Community College and then I went to wooder college and both saido and I decided that we wanted to leave the country for our senior year and we took off to Buu and lived there for a year and I think that that was um significant in our development of understanding um poverty and understand making those connections between uh the per that were probably the poor at the time and it was uh during the time where where C luminoso was uh Catching Fire and there was a lot of stuff
going on in Latino America at the time that really opened our eyes to um shared experiences as people of um of um Working Class People trying to strive to be better and I think that that kind of lit a fire in us to come back and uh give of our time we had no we had no money at that time we were still uh aanes and still uh trying to to make Forge our way uh we came to the Berkeley Bay Area and um and we decided to work SEL was in law school and I decided to work in uh nonprofits that were doing
work around Latino America uh specifically uh Kuba and nicara we also had an opportunity to visit Kuba and we were seeing that they were doing some interesting things at the time and so that motivated us and I stayed involved in doing nonprofit work and because I had to organize a lot of media work I hence ended up doing a career in media for 25 years and that uh led me to understand how foundations worked because um I was at the point of asking for money all the time trying to see what what are
Foundation funding what are donors interested in so that we could get get some resources to do the work that we were doing at the time and that was training people of color training women to learn how to do radio so that um they could speak for themselves so that was a lot of the work that I did for 25 years I then um got a little burnt out I'll be honest with you and bana you met me when I started my second career uh opening a chocolate because you go from media to Chocolate it's just a natura
l U chain of events that you do and I I founded along with my co-found it with my partner a Latin American inspired chocolate company and um but I still had that um yearning of the doing the community work and I love telling the story of of mes through chocolate I I also we we decided that we were going to do rather than spend money and advertising that we were going to trust our henin our our community and um uh give to nonprofits and that's how I met you in the role of Hispanics and philanthro
py that's how I met a lot of organizations was um was through giving giving donating time donating chocolate donating whatever it was that we could give back to the community that that would be the good willll that we would put out there uh since then uh SEL and my daughters and I uh decided to start a family fund uh where we have reserved um I'll be honest a very not much uh but a half a million dollars to give to the community and so we have it through um uh Fidelity charity I'm getting into s
pecific because this is about um about giving right so uh we did it through Fidelity charity that holds our money and um and we therefore give to uh different causes we have a mission statement that is about uh supporting Latina latinx um Leed organizations and um we give to Direct Services we uh give to uh cultural during the pandemic we felt it really important to give to the Arts uh just because they suffered tremendously mostly Performing Arts so we do give money to to for example laa bra th
eater loses in in Richmond um and we also uh are part of the endowment Circle for Latino uh Latino Community Foundation so we give them for the next 10 years we're going to give give them a certain amount of money so that they could uh develop their endowment and they have done a great job in doing that and uh part of our belief too is while we think globally we kind of have focused on in the Bay area as well as California so we kind of just kind of trying to hold down um the um our resources to
that and that's just because it's you know we think it's important that California um continues to lead the country in um doing the progressive work that they do so I don't know if I'm taking up too much time or no no I think you know your your testimony is is incredibly inspiring because as you know I think there's there there's a perception out there that adinos are takers instead of givers and so you're we need to change the narrative because as you will know you know whether we have a littl
e bit or a lot we're givers you know and so we uh so I you know let me see if anyone has a question for uh for Amia I wanted them to see an actual live Latino Phil Latina philanthropist would oh I have a question would you ever be interested in like hosting a workshop for for the next students and maybe sharing a little bit more about your experience and doing um sure I mean this was you know to be honest I had never thought about it but you know when di approached us I thought yes why why not I
mean it just so happens that it's me this this year because SEO and I um take turns one year he manages the fund one year I do uh we would like to see our daughters uh start managing the fund as well and uh but they're busy they're very busy with their with their with their work they all work in community organizations and and one actually works for the governor but um uh so we understand that they're uh really busy so we we are managing that way we're taking turns but yes I would be very inter
ested and I want to say something that Diana touched on is that yes I mean right now the the the the conversation about immigration and how we as a community are takers you know does doesn't really acknowledge the unconventional ways that our community gives you know we are we come from a tradition of getting we get to ouria we we know you know is having a hard time and we cook for her and we we do different things it's not conventional we don't um we don't pull our money the way different commu
nities do um but I think it's important to also kind of I I I see it as a muscle a muscle that you have to exercise whether it be giving of your time because that's also has a value to it and don't ever be grudged giving up your time or think that you're not giving enough because all you have is your time that is a a tremendous value also uh or or give up your resources that is it's it's a muscle that once you exercise it is it is the way you live your life anyone else yes um you mentioned that
you support Latina organizations but how have you provided mentorship um for individuals um either like Collegiate students or things like that okay um well I've generally done it um I'm right now uh in in the initial stages I've done different things with a um an organization called prospera which is a um an organization that supports women entrepreneurs Latina entrepreneurs uh mostly um imig first not even imigrantes that are trying to establish their businesses so because I just recently sold
my business um I I have more time now so I'm trying to kind of develop my role in there a little bit more so we're trying to figure out how we can um just be ongoing support for women that are that are trying to launch their businesses in the Bay Area yeah fantastic so um you know Amelia is is one um I'm happy to to say that there's many others and you know but I think Serio and and Amelia and you know their family you know you know exemplifies that that sense of giving which is you know yes mo
ney is important but you know Time treasure connections all of those things are important will be in okay [Music] so so instant Laino philanthropist all right okay let's look at some other folks were the owners of the chocolate shop up on ash College what a cool shop that is it's a very cool shop and S here was the general counsel for a company in the in the South Bay um for many years and uh retired about five years ago um and you know decided to do you know the work of his foundation and Consu
lting and you know a variety of other things but anyhow um let's look at two or three other you know Latinos uh who are these are folks who work for foundations um so one is ector Mika okay he's the guy in charge of google.org you know all of you use Google some of you use Google all right so so he's google.org is the philanthropic arm of Google okay so he supports $100 million in Grant making and go further down SP okay well you know I'm having a hard time finding it but basically he a UC alone
he's a UC Alum and um the Latino Research Center has sent an invitation for him um to come out between now and the end of the year and hopefully he'll be out here you know to talk about you know the importance of places like the Latino Research Center the importance of you know Talent like you um and the importance of of giving to Latino cause this um let's yes and he's an author uh in our book he's one of the authors in our book He's originally from Venezuela he's maybe 35 years old um so let'
s go back and look at Chris Cardona okay well let's look at Bren that's what on let's go back so the largest foundation in California the California endowment they give approximately $200 million away uh they're they have an office in Los Angeles they also have an office in Oakland and um you know the the Bay Area is one of their areas of expertise Bano came here from Guatemala as a baby and um has uh remarkable um story um and has just been appointed president and CEO of that foundation so they
're again a very important appointment a very important uh foundation and you know probably a way a place that probably has fellowships and internships that you might think about and then the next person is Chris somewhere Chris [Music] Cardona MacArthur Foundation there we go okay so this guy who now you know has a Gray beard came to my office when I was president of Hispanics in straight out of college age 22 um and he now he's one of the vice presidents of the MacArthur Foundation I think you
know the MacArthur Foundation mostly because of the genius Awards right you know those folks that all of a sudden you know they're called when they hey we're giving you half a million dollars just to do whatever you want because you're a fabulous person right that's the theartha foundation and so Chris who originally from Colombia also a um a UC PhD um lived in the M Bay Area for many many years has also agreed to come out here and talk on behalf of the Latino research uh Center um worked at th
e Port Foundation up until last August was in charge of the philanthropy portfolio which means you know supporting organizations individuals that give so that they're more effective with the money that they have because you know how some people with 24 hours they get a lot done and some people with $100 they get a lot done it's a same thing when you have a lot of money some people may have a lot of money but they don't get a lot done so it's in everyone's interest that philanthropy gets a lot do
ne um so this is you know this is a very quick overview of the world of philanthropy um there's about 30,000 jobs in the field and most people begin you know with um a fellowship at a foundation you know or an internship uh when they graduate a lot of people ALS also begin by doing volunteer work at nonprofit organizations that serve their communities so there's a lot of ways that you can plug in you know um it it's it doesn't have to be you know go to Seattle and work for vill and Melinda altho
ugh that is a great opportunity and if any of you are interested the big foundations like Bill and Melinda Ford Foundation Foundation you know go on their website at any point in time they're going to have a dozen two dozen job openings and they want diversity because they understand that in order to be effective they need to be diverse and finally you know it's important you know that we understand that our communities are resourceful we may not have money certainly my my family didn't when we
came to the United States you know we may not have money but we have abundance you know we have a sense you know that we can that we can pull it together that you know that we always have some to give and I always think about um a book that I read uh by friend of mine Sonia nario how many of you read the book Enriquez Journey you have not okay you read Enrique's Journey so Enrique you know is a 14-year-old you know who gets on the laesa and comes across you know to find his mother who's now work
ing in North Carolina and it's you know a young boy search to reunite you know with with his mother so the journalist s you actually made the Trek from Honduras where this young man was you know in latia all the way up and you know found these actual people and wrote about them but in that Journey you know there were maras there were people who killed people for the pleasure of it um there were you know um um government officials who were corrupt and would take things you know from the immigrant
s trying to make it to the north but there were also these women that were very very poor women who every morning when they made Tortillas and fre holis would make tortillas and fre holis and pack them in a little bag and they would go meet the train and because people traveled on top of the train they would throw toras you know and to me that is what giving is really about because those you know those folks have very little and yet they have the sense of abundance you know we don't have a lot b
ut we share and every day they would come down from the mountain you know with their little to feed those people whom they don't know I mean I think that's really you know speaks about our traditions and our spirit and that's what I think should feed all of us when we present our stories to the big givers to the Melinda Bill and Melinda Gates to the Ford foundations to the Rockefeller and theartha Foundations you know that we essentially were presenting the stories of our communities and we're s
aying you know find common cause with us invest in us why because we are the high yield no risk investment in a better America that's what we are and it's true it's not ma it's not you know BL it's true there's data to support it you know Research Center you know produces some of that data and many others do you know it's not it's not a line and yet our national narrative you know is not getting that philanthropy can help help us you know with that agenda and I think they're already helping you
know the Ford Foundation putting significant amount of money into this election into organizing and and and into you know policies that are immigrant friendly you know Carney Corporation and McArthur Foundation you know they're doing all of that and all of us need to be a part of it yes yeah well I guess I just wonder I appreciate so much the hopefulness for what philanthropy can do but as you're talking it seems like you're bringing forward like here's Collective aspiration and I'm wondering in
a time in which the American dream is now kind of an old story we're not wanting to assembly bipartisan consensus is not bringing us the open inclusive future we're at a real different story a different time to assert a very different critique okay and I'm just wondering how you feel about that possibility through philanthropy is it going to St us to the Democratic party do you have possibilities to try to generate what is a a Continuum lineage of sovereign claim for power that also is going to
step outside really of where the bipartisan consensus is right now I'm sure there is you know I'm I'm sure there is and I you know I I don't mean you know position our story as you know the American dream story I certainly do not believe in that you know uh but but I but I do think that you know the the majority of these you know folks uh regardless of whether you know they're green party or Democratic party or you know whatever you know what they're looking for is you know what does you know P
ros look like for all of us the shared Prosperity because the the growing Gap uh doesn't benefit anyone you know I think I think they're looking you know to to move social issues you know um and yes you also have you know a bunch of Foundations on the on the right who are you know um wanting to ban the you know the abortion pill and everything else there's no question about it you know um but I think you know the polarization you know and the the the the lack of um a realistic assessment of what
it means to be a multi-racial society you know in America um it's part of the challenge of your generation that in the environment and how are we going to regulate Tech yes I want to ask about like when managing endowments making decisions on investments um I know there's like the concept of like socially responsible investing correct and like how much does where the money's going plac into your work like supporting Black Rock when black Rock's causing crisis sending weapons Etc
Comments