Trust-Based Philanthropy is being embraced by a growing number of foundations as a way to alleviate power imbalances between funders and grantees while fostering more productive and informative relationships. In this three-part series for grantmakers, participants will learn six principles of trust-based philanthropy and what they actually look like in practice. Participants will explore how foundations and grantees benefit from a trust-based approach, and will have a chance to consider some practical next steps to build more productive and balanced funder-grantee relationships. Participants may register for all or part of the series by selecting the sessions that may resonate.
Session 2: In this deep dive session, we will explore the nuts and bolts of the first three trust-based principles: 1) multi-year, unrestricted funding as a strategy to build long-term relationships and support nonprofit self-determination; 2) doing the homework to expand our understanding of the organizations and issues we support; and 3) simplifying and streamlining applications and reports in service of relational approaches that build trust and mutual accountability. Since there is no one-size-fits-all approach to these principles, this session will spotlight three foundations' stories of embracing these principles -- including the steps they have taken to embrace these practices, how they’re bringing the staff and board along, and what they are learning as a result.
Each session will be 90 minutes -- including 60 minutes of presentation and 30-minute breakouts hosted by participating PSO partners. In the breakouts, attendees will have an opportunity to reflect on what they’ve learned and identify a next step to explore or adopt trust-based practices.
Thank you to the Trust-Based Philanthropy Project for sponsoring this series, and our peer regional associations Grantmakers of Oregon and Southwest Washington, Grantmakers of Western Pennsylvania, Connecticut Council on Philanthropy, Philanthropy Colorado and the New Mexico Association of Grantmakers for partnering with us to develop this program series.