The global impact of COVID-19 has exposed policies that maintain and even promote structural inequities, and in some cases, indifference to suffering. Companies responding to the many facets of the crisis understand the inextricable link between health outcomes of their employees and customers, with their own corporate health. Successful companies are proving that agility and an openness to new ways of working are better able to meet urgent needs with innovative solutions and partnerships.
FSG managing director Adeeb Mahmud joins Philanthropy Southwest as moderator of their upcoming webinar Galvanizing Resources (Beyond Dollars) Together. The discussion will focus on how corporate and private philanthropy can leverage resources beyond cash and collaborate more.
Companies around the world have remained silent to their role in racism for centuries. No matter how well-crafted or well-intended, it is not enough for corporations to just make public statements and large donations to racial justice organizations. Without action, these statements can land as nothing more than platitudes from a PR playbook.
"We are in a trifecta of crises that threatens our nation’s public health, economic security, and democracy. Though this pandemic is new, racism and economic injustice are not. The pandemic has served to further reveal preexisting inequities in housing, education, health care, food security, policing and criminal justice, income, and employment.
“In the wake of George Floyd’s tragic death in Minneapolis, major corporations have been voicing their support for racial justice in the United States. But we are way past the point when words alone suffice. Actions are needed. Corporations can and should make 10 concrete commitments to achieving racial equity in their workplaces and society.”
- Mark Kramer, co-founder and managing director, FSG
Menstrual Hygiene Day this year (May 28) holds particular significance. The COVID-19 pandemic has exacerbated existing challenges related to menstrual health and hygiene and is set to deepen inequities for women and girls around the world.
In the latest FSG blog, Laura Amaya shares why #ItsTimeForAction on #MHH.
How can foundations ensure that the process of evaluating outcomes is useful and least disruptive? In this critical time, many philanthropic organizations are shifting the ways in which they are supporting grantees.
"Some of the changes instituted might be so effective that they become standard practice in the future. Who knows—perhaps we will look back on this time and wonder why we didn’t do things differently before the pandemic. It feels like anything is possible today."
FSG co-founder and managing director Mark Kramer reviews Rebecca Henderson’s Reimagining Capitalism in a World on Fire, which outlines five ways we can reform capitalism to overcome climate change, inequality, and the collapse of democracy.
By learning from this crisis and others before it, foundations can do more—individually and as an alliance—to identify and prepare themselves and their partners for major threats in the future and their impact on long-term efforts to solve serious social problems. Doing so will help ensure that the opportunities for innovative solutions created by a crisis today become the building blocks of a more just world tomorrow.