This in-person breakout session “Trust-Based Philanthropy: Busting The Myths And Moving Forward" is part of the Engage for Good Conference happening May 14-16, 2024 in Minneapolis, MN. Registration is required.
Strong opinions abound about the concept of trust-based philanthropy, but many of them are influenced by widely held misunderstandings of what it is and what it isn’t.
Fortunately T. Rowe Price’s John Brothers and Fidelity Investments’ Jennifer Bahus are here to bust the myths and share insights into how trust-based philanthropy can advance the work of companies trying to support positive social impact.
Key Takeaways:
Trust-based philanthropy is not the absence of accountability — it’s about creating the conditions for partnerships that work better to achieve results
Funders and nonprofits can co-create meaningful measurement systems that do away with time-consuming, unproductive reporting and emphasize measures that mean something
Trust-based cross-sector relationships focus not on monitoring by funders but on finding ways for them to contribute insights and other assets to achieve a shared goal
Speakers
John Brothers, President, T. Rowe Price Foundation & T. Rowe Price Charitable
Jennifer Bahus, Vice President, Fidelity Philanthropic Consulting