Responding to the urgency of our time amid crises and calls for change, the Hazen Foundation will distribute its final round of grants in 2023. Spending down is not a solution to systemic racism and injustice, but it is a commitment to meeting the demands for racial justice by moving all our assets to our grantees and their communities. We trust in the vision and leadership of a new generation of young people on the frontlines of transformation and liberation.