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Chordata Capital

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Client Highlight: Allison Thomas and The Work of Repair

September 27, 2023

Allison has been a Chordata client for 3 years, and we have been so inspired and moved by her story of walking the path of repair. We asked Allison to share more about her journey as a white wealth holder and as a descendant of enslavers. Her story illustrates the ethic of repair that we are guided by at Chordata, and we are grateful to walk this path with her as collaborators. 

Tell us a little bit about how you came into access to wealth and what your journey has been thus far around redistribution. What drives you in this work? 

I came into wealth late in life due to the sale of several family homes through my divorce and the death of my father. When you sell real estate a lot of capital is freed up. I descend from enslavers in colonial Virginia on my father’s side, which means that my wealth is rooted in enslavement and the legacy of white supremacy today, even though we no longer own a plantation or other assets from enslavement. We are beneficiaries of that system, the legacy of which we still struggle with today. Part of repairing the harm committed by my enslaver ancestors requires that I make personal financial reparations to the extent that I can. I began by taking an alumni praxis with Resource Generation in 2020. Wrestling with my wealth and responsibilities was emotional and draining. Of course, it was not as draining as worrying about how to make rent or put food on the table. I gradually learned to accept and be honest about my wealth. I overcame my inclination to only give away what was tax deductible, and made a commitment to spend down my wealth. Along the way I attended a webinar that featured Kate and Tiffany.

What first drew you to Chordata? What were you seeking, and why? 

I learned through the RG program that philanthropy was an insufficient way to redistribute my wealth, so Chordata was a natural next step for me. Kate and Tiffany educated me about investing in the solidarity economy which had immediate appeal for me. I have a high tolerance for risk due to my early career in the tech industry, and encouraged them to find opportunities where my investment horizon of ten years would be helpful. It has been transformative for me to find a team that I can trust to guide me to solidarity economy investments that I would never have found on my own.

How do you connect your radical genealogy work with your investing work?

There are two ways: geographical and issue based. Because my family history traces back to Virginia, I had hoped to concentrate my solidarity economy investments in that state, but there are simply not enough opportunities yet. I hope that many of the innovative programs/financing mechanisms that Chordata has introduced to me will spread to the rest of the country. I’d like to be able to do more of this kind of investing in Virginia, where my ancestors committed the most harm. Above all, I am interested in putting my wealth to work rather than having it sit somewhere earning interest.

In terms of issue-based reparations, I am deeply interested in investing in Black entrepreneurship, housing, worker-owned ventures and land reclamation projects.

Reunion committee for the reunion on Gwynn’s Island

Tell us about your work with linked descendants and Gwynn’s Island. How has it changed over time? How are you relating to it now?

My work excavating my family history of enslavement continues to evolve today. I began working with descendants of people my family enslaved in Mathews County, Virginia in 2016, and ended up spending four years uncovering why the Black community was run off Gwynn’s Island (in that county) in 1916. As a form of repair and healing, my family and I worked with descendants of the Black Gwynn’s Island community on a website to restore the true history of the community, a series of articles and talks (in NonProfit Quarterly, and Reparations4Slavery), a revised history now distributed in the local museum, and family reunions to reconnect ties broken by the exodus. Our third reunion will take place in early October, and we have 150 RSVPs. We did a quick and dirty documentary based on the second reunion you can watch here. We are also working with the State of Virginia to install a historic marker restoring the history of this vibrant community. 

I have also embarked on a justice genealogy project related to my 7th great-grandfather who signed the Declaration of Independence. Oral history in the Black community claims that Braxton fathered a child with an enslaved woman, and that he freed both. In 2022, I teamed with two Black linked descendants of Carter Braxton, one who descends from Carter’s illegitimate son, and another who descends from a man enslaved by Braxton, and enlisted the help of my white Braxton cousins to reconstruct this family across racial lines. To prove the legacy of sexual exploitation, we are gathering DNA from Black and white Braxtons. The three of us have launched a Facebook page, spoken to the Richmond Free Press, and spoke at the 13th Annual Lemon Project Symposium at William and Mary. 

Justice genealogy requires community, both for mentoring and emotional support. I am active with Coming to the Table, founded by descendants of enslavers and enslaved people, especially in their Linked Descendants group, and I recommend that descendants of enslavers join this group when they are ready to dig deeply into their ancestry. 

Allison and her cousin, Viola O. Baskerville, standing underneath a list of the Virginia Signers of the Declaration of Independence that includes their mutual ancestor, Carter Braxton

Cohort Highlight: Investment in Boston Community Commons

September 27, 2023

The 2022/23 Chordata Cohort took collective action together by mobilizing $3M into the Emergent Fund, which included a major investment in Boston Community Commons. 

Over the summer, Kate attended an event at the Community Movement Commons (CMC) in Roxbury, MA, to learn about the project and the Cohort’s investment. The beautiful property (which includes green space and two existing buildings) will house the BIPOC-led Neighborhood Birth Center (the first Birth Center in Boston) alongside office space for several allied nonprofits (including Center for Economic Democracy and RESIST), and a Community Center. In the works for over ten years, they’ve purchased the land and buildings, and are raising funds to develop the site. 

Especially exciting was the announcement at the event that Chordata Capital is the lead solidarity economy investor, having committed over $1M in 10-year 0% interest loans and grants to support CMC. This is happening because our third cohort, as a part of their collective action, have committed to resource this work in a big way. We are so thrilled by the bold moves they are making together, including a $3M integrated capital commitment that is being stewarded by Aaron Tanaka, Jessica Norwood and Anthony Chang. 

Naomi Roswell (Chordata client and facilitator), Kate, and Aaron Tanaka (Chordata advisor) at the future site of Boston Community Commons

Here’s what our participants are saying about the Chordata Cohort:

“The cohort completely changed my understanding of investing and introduced me to incredible people building kind, sustainable economic systems I’m proud to support.” – Participant in the 2022/23 Chordata Cohort who is also a client of Chordata and was not compensated or paid for their remarks

“Chordata Cohort was a life-changing experience for me. I came into the experience with many years of learning and activism across different struggles, but relatively new to the world of radical wealth redistribution and investment. I left feeling like I had a community of beautiful and inspiring people who have shown me how to confront the power I unjustly have and how to create new and radical ways of being, loving, and concretely redistributing my wealth and power.” -Participant in the 2018/2019 Chordata Cohort who is not a client of Chordata and was not compensated or paid for their remarks

Our 1st Chordata Cohort along with facilitators Aaron Tanaka, Jessica Norwood, and Nwamaka Agbo. 

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  • About Us
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Tiffany Brown and Kate Poole are Investment Advisory Representatives of Natural Investments PBLLC. Natural Investments is an independent Registered Investment Advisor firm. Chordata Capital is not a registered entity and is not an affiliate or subsidiary of Natural Investments PBLLC . See our Disclosures and Disclaimers and read our Form CRS.

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