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Philanthropy must prioritize elevating and including Black voices

Candid

In 2020, the philanthropic sector started conversations about how philanthropy can better support Black-led organizations and the Black community. According to the 2020 Smithsonian Magazine article, The Storied History of Giving in America , the practice of philanthropy can reflect and reinforce inequity.

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Trust-Based Philanthropy: “Walking the Talk” Towards Long-Term Financial Wellness

sgEngage

Take philanthropist MacKenzie Scott, whose donations have yielded more than $14 billion in funding for about 1,600 nonprofits since 2019, according to her long-awaited website Yield Giving. The Trust Based Philanthropy Project is a five-year funder initiative that addresses inherent power imbalances between foundations and nonprofits.

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Trends in Grantmaking: Achieving Lasting Impact Through Trust-Based Philanthropy

sgEngage

While there will always be a baseline of information needed to make sure your grant funds are stewarded well, the best place to start is with trust. Creating stronger relationships with your grantees is at the heart of trust-based philanthropy, and a key part of helping you make a bigger impact on the community you serve.

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What is Corporate Philanthropy? What Nonprofits Need to Know

Nonprofits Source

Nonprofits receive donations and support from a variety of sources, but corporate partnerships stand out as one of the most essential and reliable funding streams. In this guide, we’ll review the basics of corporate philanthropy so that your nonprofit can start earning more through this lucrative funding source. Let’s begin!

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Investing in capacity building: The vital role of general operating support for BIPOC-led nonprofits

Candid

The need for capacity building In 2020, the Black Women’s Mental Health Institute was a volunteer-led nonprofit in Birmingham, Alabama. Like 20% of the Southern Black Girls and Women’s Consortium ’s (Southern Black Girls) grantee partners, the group had not received foundation funding before.

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Elevating your major gifts and planned giving with data-driven decision-making

EveryAction

Even if you know a donor’s income, a big “if” with legacy models, do you understand their expenses or true net worth? Legacy-modeled data often fails to take details like these into account. Besides building relationships with specific donors, you may also develop avenues to tap into corporate philanthropy.

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Tips for Adopting a Trust-Based Philanthropy Approach

sgEngage

If you work in philanthropy, odds are that you have heard some buzz about trust-based philanthropy. Trust-based philanthropy is so far from the compliance-oriented culture of traditional philanthropy that it can raise a lot of eyebrows. Underlying all of that is a commitment to recognizing and redistributing power.