September 16, 2019: (Los Angeles)
Contact: Kari Hudnell, firstname.lastname@example.org, 609-668-0560
Decolonizing Wealth Project Launches Liberated Capital to Support Transformative Social Change Efforts
LOS ANGELES— The Decolonizing Wealth Project hosted activists, influencers and storytellers, including Jay Ellis, Dawn Lyen Gardner, Matt McGorry and Dayna Lynne North, to examine the power of storytellers in creating social change within the broader culture, as well as the ways individuals and groups can decolonize their wealth and begin to use money as a form of societal and individual medicine. The Power to Give brought together creatives across TV and film who share a common goal of increasing representation in LA to enable a shift in storytelling that promotes a more equitable and just society for all.
Photos from the event are available here.
As detailed in Edgar Villanueva’s best-selling book, Decolonizing Wealth: Indigenous Wisdom to Heal Divides and Restore Balance, Native people, who have survived centuries of trauma from white supremacy and colonization, possess the wisdom needed to heal our broken relationship to money––to decolonize wealth. Indigenous cultures understand medicine as anything that can restore balance. Indigenous communities do not wait until sickness presents itself to try to restore balance––rather, they proactively maintain it. Money, when used courageously and directed by an indigenous worldview, can be the medicine we need to heal our wounds and restore balance.
"I want to make sure that my work and contributions uplift as many people as possible,” said attendee and actor Jay Ellis of “Insecure” and the upcoming “Top Gun: Maverick.” “Edgar's book illuminated how I think about my contributions to the causes I care about the most. I now realize I can change the lives of so many more people by giving in a way that corrects the wrongs in our country's history to heal the communities that have been harmed.”
During the program, Edgar Villanueva of the Decolonizing Wealth Project announced the launch of Liberated Capital, a new fund which aims to support Indigenous and other people-of-color-led initiatives working for transformative social change. Rooted in relationships of mutuality and equity, Liberated Capital gives through a reparations model that trusts and supports the leadership of those most impacted by historical and systemic racism. The fund welcomes support from individuals at all levels of giving who are committed to collectively healing the wounds of colonialism and white supremacy by using money as medicine to shape an equitable future.
“Marginalization and oppression seem to stifle the imagination—among both those who suffer and those who benefit from the current transactional systems of wealth. A free imagination is key to overcoming limiting beliefs,” said Edgar Villanueva, author of Decolonizing Wealth: Indigenous Wisdom to Heal Divides and Restore Balance, while announcing the new fund. “Liberated Capital - a new philanthropic initiative designed to practice the values of reciprocity and equity outlined in the book - aims to move untethered resources that can help shape a future in which we can all heal from generations of colonial trauma and truly thrive in our cultures.”
Liberated Capital is committed to the Seven Steps to Healing our relationship to money as outlined in Decolonizing Wealth. First, recognize the pain caused by the accumulation of wealth, how it was made on the backs of Indigenous people, slaves, and low-wage workers of color. Then, acknowledge history, re-open the wounds, grieve them, and apologize. Listen to each other, and then walk the talk about diversity and equity, building whole new decision-making tables. Finally, use money to heal where people are hurting, and stop more hurt from happening.
The event included performances by Lakota John, Layla Locklear & Charly Lowry of the Lumbee Tribe in North Carolina and a photography exhibit featuring the work of Ryan Red Corn, a member of the Osage Nation and an artist/photographer based in Oklahoma.
Support for the event was provided by sponsors Annenberg Foundation, The California Wellness Foundation, The California Endowment, Nia Tero, Participant Media and Satterberg Foundation and partners Illuminative, Southern California Grantmakers, and Native Americans in Philanthropy.
The Decolonizing Wealth Project aims to collectively move us all from disparities to equity. Through various spaces, platforms, group discussions, and coaching, the project promotes a world vision in which everyone can live our best lives, thrive in our cultures, and bring about healing from generations of colonial trauma. Decolonizing Wealth aims to help funders give equitably, exercising the value of reciprocity. www.decolonizingwealth.com
Inspire Justice is a group of multiracial and intergenerational artivists across the gender spectrum who educate, organize and train celebrities, influencers and media companies to best leverage their hearts, creativity, and platforms to transform culture toward social good. weinspirejustice.com