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Trust-based philanthropy is growing in popularity | Maryland Daily Record

With most foundations, the board of directors and top executives set all funding priorities. Nonprofits seeking money from those funders, in turn, must demonstrate an intention to do work that conforms to those priorities. The same system prevails with many individual wealthy donors. Any nonprofit awarded a grant must follow the funder’s priorities and comply .

Some funders are embracing trust-based philanthropy by giving money without lots of obligations

Persistent Myths About Disaster Giving Continue to Create Major Funding Shortfalls

Philanthropy stepped up in a big way to address the pandemic, but its support for relief and recovery efforts following other climate-driven and humanitarian disasters remains stunningly low. Grant makers need to break out of old patterns that stand in the way of increased giving.

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