Philanthropy Needs to Trust Nonprofits Now More Than Ever

COVID-19 is undoubtedly the largest global crisis we have faced in our generation, and we don’t yet know what the full ripple effects of this pandemic will be. While local and state leadership mandate the necessary declarations and policies to keep our communities stable and safe, philanthropic leadership too can step up in support of our nonprofit partners. In times of crisis, trust and collaboration are essential. The article urges the philanthropic community to consider how a trust-based approach can be a particularly effective way to support nonprofit partners in concrete, meaningful ways. The article presents how each of the trust-based principles: Give Multi-Year; Unrestricted Funding; Do the Homework; Simplify and Streamline Paperwork, Be Transparent and Responsive, Solicit & Act on Feedback; Offer Support Beyond the Check, apply during this time of crisis. Read more here.

Source: Trust-Based Philanthropy