Rebalancing Power in Philanthropy
Philanthropy has a power problem. Too often, foundations get in the way of nonprofits doing the work they know best. This can slow down progress, perpetuate inefficiency, and obstruct nonprofit growth and innovation. Trust-Based Philanthropy reimagines traditional funder-grantee relationships. We believe our work will be more successful, rewarding, and effective if we approach our work as an ongoing partnership rather than a one-time transaction. We’ve identified six key principles to putting trust-based values into action:
Give Multi-Year, Unrestricted Funding
Unrestricted funding over time is essential for creating healthy, adaptive, effective organizations.
Simplify & Streamline Paperwork
Nonprofit staff spend an inordinate amount of time on funder-imposed paperwork; they will be more effective if they are freed up to concentrate on mission.
Solicit & Act on Feedback
Grantees provide valuable perspective that can help inform a funder’s support and services.
“A deliberate, trust-based approach can liberate foundations from the structures that hold too many of us back.”
— Pia Infante, The Whitman Institute