In the 12 years since the original Grantmaking with a Racial Equity Lens guide was published the country’s political, economic, and cultural landscapes have undergone multiple, dramatic changes. Public engagement and organizing against racism has risen to historic levels and we've seen racial justice concepts take root in such mainstream contexts as Washington Post articles on White privilege and wider use of the phrase “systemic racism.” And funders have worked hard to keep up. In response to these conditions, PRE has produced an updated guide. The daily practice of using a racial equity lens in social change as well as in grantmaking has established a baseline understanding of structural racism and has led to new insights, definitions, and nuances.