John,

At a time when philanthropic dollars into economic and racial equity are drying up, we are even more committed to modeling the world we want to see—one where scarcity is not the status quo, and where those closest to the problems are given the platform and power to create solutions.

That’s why we’re using our resources to invest in entities that are leading conversations about economic progress, ensuring we and our partners have a seat at the table to encourage a deeper emphasis on economic and racial justice.

As part of that effort, we’re proud to announce that, along with Ford Foundation, Sorenson Impact Foundation, and Aaron Kissel, we’ve invested in ImpactAlpha, one of the most important media sources for impact investors.

In order to create an economy where people of color can thrive, we must redefine the rules of engagement and rethink how power is held and distributed. This investment, along with other moves such as investing in SOCAP and acquiring Community Credit Lab, represents a shift in how nonprofits traditionally use their resources to center their own missions.

As our co-CEO Jennifer Njuguna wrote in her Washington Post letter to the editor, in moments of backlash and pullback, we must commit even more fully to each other and to our communities. Common Future is proud to stand in solidarity, in word and in deed, with our partners who are advancing the racial and economic repair we so desperately need.

We look forward to continuing this work alongside you.

—The Common Future Team