What's Happening?
The philanthropic sector is undergoing a transformation as leaders like Laurene Powell Jobs and MacKenzie Scott advocate for a shift from control to trust-based giving. Powell Jobs warns against using
wealth as a substitute for participation, while Scott envisions a decentralized approach where generosity is shared participation. This new model emphasizes trust and collaboration, allowing local organizations to lead and innovate. Scott's practice of 'seeding by ceding' has demonstrated the benefits of unrestricted support, enabling organizations to strengthen their programs and enhance their resilience.
Why It's Important?
This shift in philanthropy has the potential to create more sustainable and impactful change by empowering local communities and organizations. By moving away from transactional models and embracing trust-based relationships, philanthropy can better address complex social issues. This approach encourages funders to be more transparent and self-examining, fostering a culture of mutual accountability. The emphasis on trust and collaboration aligns with the broader societal need for more inclusive and equitable systems, ultimately leading to more effective and lasting solutions.
Beyond the Headlines
The transformation in philanthropy reflects a broader societal shift towards decentralization and shared responsibility. By relinquishing control, funders can support holistic approaches that address the root causes of social issues. This change challenges traditional power dynamics and encourages a more participatory and inclusive approach to philanthropy. As more funders adopt this model, the sector could see a significant shift in how resources are allocated and how success is measured, leading to more meaningful and enduring impact.
