Asian Spectator

Some funders are embracing 'trust-based philanthropy' by giving money without lots of obligations

  • Written by Emily Finchum-Mason, Doctoral candidate in Public Policy and Management, University of Washington
Some funders are embracing 'trust-based philanthropy' by giving money without lots of obligationsTaking grantees' word that they will spend money responsibly frees up time and can strengthen relationships.Klaus Vedfelt/DigitalVision via Getty Images

With most foundations, the board of directors and top executives set all funding priorities. Nonprofits seeking money from those funders, in turn, must demonstrate an intention to do work that...

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