Trust-Based Philanthropy: Redefining the Dynamics of Giving

Last month, we delved into “strategic philanthropy,” where funds are allocated based on predefined goals and monitored outcomes. However, the philanthropic sector has recently undergone a transformative shift with the emergence of trust-based philanthropy. This innovative approach redefines the traditional donor-recipient relationship, placing a strong emphasis on mutual respect, transparency, and long-term collaboration. In a…