How can philanthropists give their money in ways that are more effective and better support their grantees? There is increasing discussion around this question as a new generation of philanthropists challenges how giving has traditionally been done.
Devex convened a panel of experts to give their views. They raised issues about power, collaboration, long-term giving, and the dangers of unwanted “capacity building.”
One of the main topics of conversation was power imbalances in traditional models of philanthropy, and the need to shift more decision-making power to grantees.