Trust-Based Philanthropy: Empowering Nonprofits Through Partnership And Transparency.pdf

TBPP-two-pager-111419.pdf
Preview of Trust-Based Philanthropy: Empowering Nonprofits through Partnership and Transparency
🔗 Source: marylandphilanthropy.org
📊 Size: 176 KB
📄 Pages: 2 pages
⬇️ Downloads: 125

Summary

Philanthropy faces a power imbalance issue where foundations often hinder nonprofit effectiveness. Trust-Based Philanthropy (TBP) aims to rectify this by fostering partnerships rather than transactional relationships. It's guided by six interrelated principles:

1. Multi-Year, Unrestricted Funding: Provides stability and encourages innovation, risk-taking, and long-term planning for nonprofits.

2. Due Diligence: Funders should conduct initial research on grantees, reducing the burden on nonprofits during proposal stages.

3. Simplify Paperwork: Streamline processes to free up nonprofit time, focusing on mission-driven work.

4. Transparency & Responsiveness: Open communication, timely responses, and sharing funder struggles create a more balanced relationship.

5. Solicit Feedback: Grantee perspectives offer valuable insights for funder practices and services.

6. Support Beyond Checks: Non-monetary support, like networking, mentorship, and recognition, bolsters nonprofit leadership and capacity over time.

Adopting these TBP principles can lead to more rewarding relationships, improved nonprofit performance, and enhanced philanthropic impact.

Description

Philanthropy often hinders nonprofits, slowing progress and obstructing growth. Trust-Based Philanthropy reimagines this dynamic through power-sharing, equity, and collaboration. It prioritizes multi-year, unrestricted funding to foster healthy and effective organizations.

Technical Information

  • File Format: PDF
  • File Size: 176 KB
  • Pages: 2
  • Language: EN
  • Total Downloads: 125
  • Last Updated: 7 days ago

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