TRUST-BASED PHILANTHROPY
In 2022, the Foundation for Black Communities (FFBC) and MLSE Foundation (MLSEF) entered a four-year funding partnership. $1M overall and $250,000 per year would be directed toward capacity-building, supporting operations, designing and launching the participatory grantmaking framework, and building an endowment. The partnership was modelled grounded in trust-based philanthropy (TBP).
It really just started as a conversation. The folks around the table kind of got it.
Trust-based philanthropy is an approach to grantmaking and funding that seeks to shift power dynamics between funders and grantees by emphasizing trust, transparency and mutual respect. It is based on the belief that nonprofit organizations, especially those working at the grassroots level, are best equipped to understand the needs of their communities. By reducing the administrative burden and restrictive conditions often associated with traditional philanthropy, trust-based philanthropy allows organizations to focus on their mission and impact. The two organizations shared an interest in learning more about how TBP approaches affect trust, power, community, and impact.
"For them, House of Hockey also became the House of Dreams."
A collaborative research project was born from a mutual belief that TBP has the potential to dismantle aspects of racism embedded in charity models, alter power dynamics, and challenge concepts of risk and social justice – and that engaging in TBP supports others to do the same.
Click here to read the full report!
MORE STORIES
In 2022, the Foundation for Black Communities (FFBC) and MLSE Foundation (MLSEF) entered a four-year funding partnership. $1M overall and $250,000 per year would be directed toward capacity-building, supporting operations, designing and launching the participatory grantmaking framework, and building an endowment. The partnership was modelled grounded in trust-based philanthropy (TBP).
It really just started as a conversation. The folks around the table kind of got it.
Trust-based philanthropy is an approach to grantmaking and funding that seeks to shift power dynamics between funders and grantees by emphasizing trust, transparency and mutual respect. It is based on the belief that nonprofit organizations, especially those working at the grassroots level, are best equipped to understand the needs of their communities. By reducing the administrative burden and restrictive conditions often associated with traditional philanthropy, trust-based philanthropy allows organizations to focus on their mission and impact. The two organizations shared an interest in learning more about how TBP approaches affect trust, power, community, and impact.
Neither one of us is saying we’re stretching our mandate to enter this relationship. We’re aligning our work from a theoretical perspective.
A collaborative research project was born from a mutual belief that TBP has the potential to dismantle aspects of racism embedded in charity models, alter power dynamics, and challenge concepts of risk and social justice – and that engaging in TBP supports others to do the same.
Click here to read the full report!
MORE STORIES
In 2022, the Foundation for Black Communities (FFBC) and MLSE Foundation (MLSEF) entered a four-year funding partnership. $1M overall and $250,000 per year would be directed toward capacity-building, supporting operations, designing and launching the participatory grantmaking framework, and building an endowment. The partnership was modelled grounded in trust-based philanthropy (TBP).
Liban Abokor, Founder & Board Member, FEBC
Trust-based philanthropy is an approach to grantmaking and funding that seeks to shift power dynamics between funders and grantees by emphasizing trust, transparency and mutual respect. It is based on the belief that nonprofit organizations, especially those working at the grassroots level, are best equipped to understand the needs of their communities. By reducing the administrative burden and restrictive conditions often associated with traditional philanthropy, trust-based philanthropy allows organizations to focus on their mission and impact. The two organizations shared an interest in learning more about how TBP approaches affect trust, power, community, and impact.
Kendra Kerr, Director of Strategy & Innovation, MLSEF
A collaborative research project was born from a mutual belief that TBP has the potential to dismantle aspects of racism embedded in charity models, alter power dynamics, and challenge concepts of risk and social justice – and that engaging in TBP supports others to do the same.
Click here to read the full report!