Trust-Based Philanthropy is being embraced by a growing number of foundations as a way to mitigate power imbalances between funders and nonprofits. Driven by the central philosophy that funders should approach grantee relationships from a place of trust rather than distrust, the trust-based framework encourages multi-year unrestricted funding, streamlined reporting, and transparent and responsive communication. At first glance, it may seem that trust-based practices can only be instituted by foundation leadership and/or senior management; however, the reality is that every grantmaking professional – regardless of role – has the ability to embody aspects of this framework.
- Develop a deeper understanding of the 7 principles of trust-based philanthropy
- Understand how to apply some of the principles in their day-to-day work
- Receive tools and tips to engage in conversations about trust-based philanthropy with colleagues
Pia Infante, Co-Executive Director, The Whitman Institute