Scott has emerged as the most notable practitioner of trust-based philanthropy the notion that there should be fewer strings attached to donations and that reporting requirements and other expectations that often come with grants from foundations can be excessive.
Over the years, the Chronicle has talked with hundreds of major donors about what motivates them to give. Here’s a collection of some of the best advice we’ve heard.
Philanthropists MacKenzie Scott and Michael Bloomberg were big players in the flow of cash to institutions that typically don’t raise a lot of money, according to an annual survey by the Voluntary Support of Education program at the Council for Advancement and Support of Education.