Beneficial State Foundation

2023 saw efforts to build a more equitable banking system and advance economic inclusion — from initiatives to develop lending and credit solutions for borrowers of color to steps taken to unionize bank workers. As we look ahead to 2024, we are reflecting on the most positive banking trends of the year: https://lnkd.in/gxKwaHXP We look forward to our continued work together to nourish our communities, make equitable banking a reality, and to create a more just economy for all.

Proud to support Beneficial State Bank in leading the way in inclusivity. #PrideMonth #InclusiveBanking

Do you know someone passionate about engaging with financial institutions to implement more equitable and environmentally regenerative practices? Share this job with them! Deadline to apply is Friday, July 12. #Sustainability #Equity

We are hiring for a Special Projects Director! This unique role supports the Executive Team in project management and general organizational support. The Special Projects Director will be responsible for leading special initiatives and projects that are strategically important to the organization. The position will also take the lead in conducting research and developing plans for new mission-aligned programmatic areas, as well as presenting these plans to the executive team. Learn more about the role and apply here: https://lnkd.in/gw__zUPQ #EconomicJustice #Hiring

We are seeking proposals for a brand partner to assist us in refreshing our brand. Our organization has undergone significant strategic changes, transitioning from a West Coast-focused organization extending the impact of the community bank that we own to a national nonprofit focused on accelerating economic justice and racial equity throughout the banking system. Our brand partner will help us establish an appropriate process for assessing and redefining our brand storytelling to change the banking system for the better. Join an info session on June 24 at Noon PT, and see our RFP to learn more: bit.ly/BSFbrandpartner. Please submit proposals by July 22, 2024. #EconomicJustice #Branding #ImpactStorytelling #RFP

Our Industry Relations Director, Francis Janes, recently joined industry experts Melanie Cuevas from the California Bankers Association, Amy Betts from Umpqua Bank, and S. Jason Fraley from Huntington National Bank for a compelling discussion on climate risk management at the American Bankers Association Annual Risk and Compliance Conference in Seattle. The panel, moderated by Joe Pigg, SVP of American Bankers Association, explored the evolving regulatory landscape, including updates on climate-related requirements from SEC, federal regulators, and the State of California. The session highlighted that the FSB Task Force on Climate-related Financial Disclosures (TCFD) has transitioned into a global standard under the oversight of the International Sustainability Standards Board (ISSB). Francis underscored the increasing significance of physical climate risks and referenced a thought-provoking article in The Guardian featuring sobering insights from leading climate scientists worldwide.  https://lnkd.in/dwiymEZU  #ClimateRiskManagement #RegulatoryUpdates #ClimateChange

Juneteenth commemorates the emancipation of enslaved African Americans and serves as a powerful reminder of the ongoing struggle for racial justice and economic liberation. Financial institutions play a critical role in this liberation agenda, as equitable access to financial services can significantly empower Black communities and ultimately help to close the racial wealth gap. In honor of #Juneteenth, we are proud to feature an interview with Stephone Coward II of Hip Hop Caucus, a financial advocate dedicated to making banking more racially equitable: https://lnkd.in/gtuJ4zEU #EconomicJustice #RacialJustice

We have new opportunities to work with us! We are hiring a Special Projects Director to support the Executive Team in project management and general organizational support. The role will be responsible for leading special initiatives and projects that are strategically important to the organization. We are also seeking proposals for a brand partner to assist us in refreshing our brand. Refreshed messaging will help us clarify our brand promise, and appeal to and motivate our key audiences in changing the banking system for good. Learn more about these opportunities here: https://lnkd.in/gCKcHHvE #EconomicJustice

Our Executive Director, Erin Kilmer Neel, was glad to recently speak at a workshop about “Race, Rights, and Responsibilities: Navigating Legal Landscapes in Charitable Giving” at the 2024 Annual Conference on Legal Issues in Social Entrepreneurship and Impact Investing — in the US and Beyond. Thanks to the co-presenters, participants, and the event host, the NYU Law Grunin Center for Law and Social Entrepreneurship. The workshop offered insights into developing new strategies for supporting racial justice within the evolving legal landscape. With race and charitable programming differing across organizations, the session provided an opportunity to help navigate complex legal realities in order to advance equitable practices within the charitable sector. #EconomicJustice #RacialJustice

Our latest Underwriting for Racial Justice (URJ) quarterly meeting offered an opportunity to learn from those working directly with Native American communities. The discussion featured insights from four impressive panelists: Darkfeather Ancheta from 1st Tribal Lending, Agnetha Jaime Gloshay from Common Future, Shannon Ward from Native American Bank, N.A., and Tamra Marlowe from the Chehalis Tribal Loan Fund. Each panelist shared their expertise, offering practical strategies to enhance access to capital and support Indigenous economic development. Our panel referenced the pictured quote from NDN Collective multiple times, recognizing that Indigenous wealth cannot be measured merely in dollars. Watch the recording, access resources, and sign up for the next meeting here: https://lnkd.in/gwNucfX9 #URJ #EconomicJustice