How We’re Cultivating Generosity Through The Modernist Donor-in-Movement Fund
We’re proud as peacocks to announce the launch of The Modernist Donor in Movement Fund at Seeding Justice, their first DMF started by a business!
And to announce the good news, we just had to throw a birthday party…
It’s our birthday tradition to practice generosity in public, with a hope to spark conversations around philanthropy and giving, and how we could move with more intention in the world. This year, for Modernist’s 7th (!) birthday, we wanted to go deeper, and Seeding Justice’s work immediately came to mind.
They are actively rethinking and innovating within another industry that could use fresh thinking: philanthropy. They reimagine philanthropy by funding grassroots efforts led by those most impacted by injustice.
In the early days of the pandemic, we were grateful to donate to their Oregon Worker Relief Fund to support agricultural workers in Oregon. During the recent attacks on our civil rights, we’ve supported the Oregon Reproductive Health Equity Fund, which expands access to reproductive health services to Oregonians most impacted by equity gaps. Check out their Community Funds to learn more
We are thrilled to be partnering with Seeding Justice on their first-ever DMF started by a business, and to participate in a scale of giving Georgia couldn’t have imagined when she founded the firm back in 2015!
What does this mean?
We’ve committed to donating 1% of our revenue to the Modernist Donor-in-Movement Fund, deepening our intention to impact racial wealth inequality. We see this as an act of reparations, and one way we can integrate justice and anti-racism work into how we operate. Our Generosity Plan commits to donating 3% of total revenue, and this structure allows us to create budgetary permission for giving while centering those most impacted by injustice.
What’s a Donor in a Movement Fund?
Donor-Advised Funds hold over $1 trillion in philanthropic limbo. Seeding Justice created an alternative: Donor in Movement Funds, which provide the same tax benefits, while ensuring nonprofits get their funds within 12 months, all while centering the voices of those most impacted by injustice.
Feeling inspired? What can you do?
Consider what your own Generosity Plan could look like. Here are some jumping off points…
Check out Seeding Justice’s Community Funds and their innovative funding structures
Consider a 1-3% rule of your own
Start conversations in your community about what “Cultivating Generosity” could look like. Get started with the Modernist Money Stories conversation guides in our Modernist Free Tools for the People.