We recently joined Greater Good Greenville in a seminar to discuss the benefits of trust-based philanthropy. As we have evolved in our work, this philosophy has informed the way we show up and invest in our community partners. While we continue the journey in our learning and implementation, we are occasionally asked just what we are trying to do. We hope that the summary below provides a useful introduction to the concept and encourages you to learn more.
Over the last decade, the philanthropic sector has witnessed a growing call for change – not just in what we fund, but in how we fund. Trust-based philanthropy has emerged as a transformative approach that reimagines the traditional power dynamics between funders and grantees. By prioritizing relationships, flexibility, and trust, this model is uniquely positioned to advance equity and create more impactful systemic change.
At its core, trust-based philanthropy seeks to address the inherent power imbalances between funders and the organizations they support. Traditional philanthropic models often involve extensive application processes, burdensome reporting requirements, and rigid grant structures. These practices can inadvertently perpetuate inequities by favoring well-resourced organizations with the capacity to navigate these barriers, leaving smaller, community-led initiatives, which are often those most aligned with equity goals, at a disadvantage.
In contrast, trust-based philanthropy is built on six core principles:
By removing unnecessary hurdles and shifting decision-making power closer to the communities served, this approach empowers organizations to focus on their missions rather than administrative burdens.
Embracing trust-based philanthropy is not without its challenges. It requires funders to let go of control, challenge their own biases, and adopt a mindset of humility and learning. It also calls for significant shifts in institutional culture and practices, which can be difficult for organizations accustomed to traditional grantmaking models.
However, the opportunities far outweigh the challenges. By adopting trust-based principles, funders can build deeper, more authentic relationships with grantees, catalyze transformative change, and contribute to a more equitable society. Importantly, this approach aligns with the growing recognition that philanthropy must do more than write checks—it must actively work to dismantle the systems of oppression and inequality that have shaped our world.
Designed by goodvillage co.