Farhad Ebrahimi, founder and president of the Chorus Foundation in Boston, MA, writes for The Forge on the subject of private philanthropy's future, and the structural reforms that are needed:
Philanthropy as it’s conventionally understood is the product of racial capitalism. As a result, I see progressive — or even radical — private philanthropy as, at best, a transitional form. If we seek to support transformational work, then we ourselves must be open to transformation. I like to think of this as a “just transition” for the philanthropic sector: we must directly challenge the conditions that produced the wealth inequality that allowed for private philanthropy in the first place.