We are grateful to support research by The Shift Project. According to their new report “Essential Changes Needed for Essential Workers: Job Quality for California’s Service Sectors,” workers in low-wage jobs, especially people of color and particularly women of color, bear the brunt of COVID-19’s economic and health fallout.
On Friday, Irvine’s board approved exceeding our grantmaking budget so that the Foundation can spend an additional $20 million to support efforts to end anti-Black racism and advance racial equity in California’s systems of economic opportunity over the next 18 months.
We start the week with heavy hearts. We are both optimistic people, but the senseless killing of George Floyd in Minnesota and the protests that have followed reveal just how far we have to go to end the racism in America that extinguishes opportunity, hope, and, too often, lives.
We’re announcing a new initiative that dramatically expands and deepens our investments in four California communities – Fresno, Salinas, Riverside, and San Bernardino – and expects to add Stockton in a future phase of grantmaking in 2021. The goal: to create local economies that work for all residents.
Nonprofit organizations have been included in a federal stimulus package for the first time, and we believe the loans offered by the program are an efficient and substantive way to invest in the nonprofit workforce – and cover operational costs in the short term.
The COVID-19 pandemic has quickly impacted all aspects of society and all of our lives. We at the Irvine Foundation also know that the virus and the impending recession is disproportionately endangering Californians who were already struggling to make ends meet.