Demystifying Trust-Based Philanthropy Session #3: How Do We Approach Risk and Due Diligence in Trust-Based Philanthropy?
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. CNJG is pleased to share this opportunity with our members.
Series Description: 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 (among CNJG members) 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.
Please note: this webinar series is separate from CNJG’s 2023 Conference for the Social Sector, which features an in-person luncheon keynote by the Trust-Based Philanthropy Project. CNJG’s conference is open to both funders and nonprofits, so the keynote will differ from this series. Because CNJG’s Doing Good Better initiative leans on the principles of Trust-Based Philanthropy, we encourage our members to register for these sessions - as time allows - for funders to learn about different approaches to changing systems in New Jersey.
Demystifying Trust-Based Philanthropy Series Sessions
Session #1: Does Trust-Based 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 #4: What Does Grantee Accountability Look Like in Trust-Based Funding?
Session #5: How Do You Measure Impact in Trust-Based Philanthropy?
Session #6: What Does Racial Equity Have To Do With Trust-Based Philanthropy?
Resources
Recording: Session 3: How Do We Approach Risk and Due Diligence in Trust-Based Philanthropy?
Transcript: Session 3: How Do We Approach Risk and Due Diligence in Trust-Based Philanthropy?
Presentation: Session 3: How Do We Approach Risk and Due Diligence in Trust-Based Philanthropy?
Trust-Based Philanthropy Peer Exchange for Grantmakers
The 6 Practices of Trust-Based Philanthropy
Trust-Based Philanthropy in 4D Overview
Trust-Based Philanthropy Story Map
Legal Considerations for Trust-Based Philanthropy
How to Show Up in a Trust-Based Way