How to Decolonize Wealth amid a Racial Justice Backlash - Non Profit News | Nonprofit Quarterly
Briefly

How to Decolonize Wealth amid a Racial Justice Backlash - Non Profit News | Nonprofit Quarterly
"Villanueva's book, titled Decolonizing Wealth: Indigenous Wisdom to Heal Divides and Restore Balance is a cri de coeur that not only led to a second edition and sold over 60,000 copies, but also resulted in the launch of a new philanthropic effort, the Liberated Capital Fund, to help resource community groups and projects. To date, that fund has distributed over $23 million. Meanwhile, the associated Decolonizing Wealth Project seeks to build an alliance of philanthropic groups that collectively move resources to Black and Indigenous groups."
"Villaneuva announced what he called a $1 trillion moonshot that seeks to move a trillion dollars in resources to support reparative giving over the next decade. The demand for big audacious goals like that, Villanueva says, comes directly from colleagues in philanthropy. "There is a new demand or request from the industry for some bold leadership and vision that could help be a beacon or shining light of hope to get through this time," he noted in an interview with NPQ."
A movement popularized in 2018 helped drive philanthropic shifts and the creation of the Liberated Capital Fund, which has distributed over $23 million to community projects. An allied Decolonizing Wealth Project aims to build a philanthropic alliance that moves resources to Black and Indigenous groups. In June 2025 a $1 trillion moonshot was announced to move a trillion dollars toward reparative giving over the next decade. Investment research firm Cerulli projects about $11.9 trillion in charitable transfers by 2045, suggesting a trillion-dollar shift in ten years could be achievable with leadership and reallocation from corporations and governments.
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