Watch: Exploring trust-based philanthropy in the arts
In recent years, trust-based philanthropy has gained increasing attention as a way to build more productive relationships between funders and grantees. Based on the principle that these relationships can function as collaborative partnerships, a trust-based approach encourages multi-year unrestricted funding and streamlined reporting, with transparent and responsive communication.
In this Speaker Series session on trust-based philanthropy in the arts, we were joined by Steven Ayer, Founder and Principal Consultant of Common Good Strategies. Together we explored the rise of trust-based philanthropy and considered its application to the non-profit arts sector. Our discussion covered how trust-based approaches can benefit both grantors and grantees, as well as some practical steps towards developing these partnerships.
Additional Resources:
- Trust & Impact: Funders’ Perspectives on Unrestricted Funding in Canada, by Steven Ayer and Paul Anderson, Imagine Canada
- Investing in Indigenous philanthropy through reciprocity, by Jennifer Brennan and Shereen Munshi, the Philanthropist Journal
- The Trust-Based Philanthropy Project
- Grant Connect – Imagine Canada
Speaker Series brought to you by:
