24 - Edgar Villanueva on Decolonizing Wealth
Edgar Villanueva is a globally-recognized expert on social justice philanthropy. He serves as Chair of the Board of Directors of Native Americans in Philanthropy. Edgar currently serves as Senior Vice President at the Schott Foundation for Public Education where he oversees grant investment and capacity building for education justice campaigns across the United States.
He is also the award-winning author of Decolonizing Wealth, a bestselling book offering hopeful and compelling alternatives to the dynamics of colonization in the philanthropic and social finance sectors.
In addition to working in philanthropy for many years, Edgar has consulted with numerous nonprofit organizations and national and global philanthropies on advancing racial equity inside of their institutions and through their investment strategies.
We spend most of our conversation on Edgar’s book, specifically:
How he became disillusioned with the philanthropy sector, America's refusal to engage with its history of colonialism and racism, the coloniser's mindset and how it ties to contemporary philanthropy, how people of color are left out of philanthropic spending, the 5% foundation payout requirement and why most foundation money is parked in investment accounts, a call to transfer capital back to impoverished communities, poverty in precolonial times, the potlatch ceremony, a challenge to the thesis of Decolonizing Wealth from an effective altruism perspective, the problem with the term altruism, the problems that are solved by just giving people money with no strings attached, shifting the power and choice from donors to the people they're trying to help, the ties between capitalism and white supremacy, and how to learn more and join the Decolonizing Wealth giving circle
Near the end of the episode we had some audio drop out, did what I could to piece things back together and didn't end up losing too much, but there are some awkward cuts.
If you’d like to learn more about the book visit decolonizingwealth.com. You can find Edgar on Twitter at @VillanuevaEdgar and me at @GarrisonLovely. If you’d like to get in touch directly, you can email me at mostinterestingpeople27 [at] gmail [dot] com.
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