Demystifying Trust-Based Philanthropy Session 4: What Does Grantee Accountability Look Like in Trust-Based Funding?
Series Description
The Trust-Based Philanthropy Project is pleased to announce a six-part webinar series addressing common questions, clarifying misconceptions, and exploring ways to overcome obstacles in implementing trust-based philanthropy.
Trust-based philanthropy is a philosophy and approach rooted in values of relationship-building, mutual learning, and systemic equity – with a vision of advancing a healthier and more impactful nonprofit sector. While this approach is generally associated with six core grantmaking practices such as multi-year unrestricted funding and streamlined paperwork, the day-to-day work of trust-based philanthropy is very nuanced and dynamic. In fact, funders who have embraced this approach are finding that it requires ongoing self-reflection and rigor with regards to how they think about – and evolve – many of the deeply embedded practices and assumptions of traditional philanthropy.
Given these nuances, it is not surprising that there are many questions and occasional misperceptions about what it actually means to embody trust-based philanthropy in practice. In this 6-part webinar series, the Trust-Based Philanthropy Project will explore some of the most commonly asked questions and the underlying misperceptions that may be roadblocks to understanding and operationalizing trust-based philanthropy.
Each session in the series will focus on a frequently asked question from the field, and will feature perspectives from foundation leaders and others who have grappled with similar or related questions. At the end of each session, participants will walk away with: 1) a deeper and more nuanced understanding of the underlying cultural philosophy of trust-based philanthropy; 2) tips for how to think about and approach these nuances in their own work; and 3) talking points for how to answer these FAQs when they come up from colleagues or peers. Each session will also provide dedicated space for small-group peer dialogue about ways to implement these practices into your grantmaking.
Who should attend: Anyone in a grantmaking role that is curious about understanding the nuances of trust-based philanthropy and how it applies to your work. This series will be ideal for those who have some baseline familiarity with trust-based philanthropy and have questions about how it manifests in practice.
Session 4: Description
What Does Grantee Accountability Look Like in Trust-Based Philanthropy?
There is a misperception that trust-based philanthropy’s shift away from project-specific grants and lengthy written reports will inherently diminish any sense of accountability from grant recipients. In reality, trust-based philanthropy focuses on creating conditions for mutual accountability between funders and nonprofits, which actually allows for a deeper sense of honesty and transparency than in a traditional context.
This session will explore some of the underlying questions and concerns around accountability in philanthropy, and will offer insights from funders who have benefited from embracing trust-based philanthropy with a lens of mutual accountability. Participants will gain strategies for cultivating a two-way street of accountability in an equitable, trust-based way.
To learn more about the other sessions in this series, click the links below.
- Session 1: Does Trust-Based Philanthropy Mean Unconditional Trust?
- Session 2: Does Unrestricted Funding Automatically Make a Funder Trust-Based?
- Session 3: How Do We Approach Risk and Due Diligence in Trust-Based Philanthropy?
- Session 5: What Does Evaluation Look Like in a Trust-Based Context?
- Session 6: What Does Trust-Based Philanthropy Have to Do With Racial Equity?
