Trust-based philanthropy in action
As the famous saying goes, doing the same thing over and over and expecting different results is the definition of insanity. Yet, even though we all seek to improve our communities, we get stuck in the same processes, policies, and structures.
As a trust-based funder, bi3 believes philanthropy is inherently more strategic and effective when funders collaborate with nonprofits in a spirit of service and mutual accountability.
But what does that look like?
Leaders Shaady Salehi and Pia Infante of the Trust-Based Philanthropy Project recently published an article in The Foundation Review, a peer-reviewed journal of philanthropy, describing trust-based philanthropy and its potential. The feature also includes real-life case studies from around the country and worldwide, including a spotlight on the bi3 Fund, providing concrete examples of systems change that has been possible due to trust-based philanthropic partnerships.
We can all learn from the strides made in addressing affordable housing and poverty and supporting the arts when funders truly collaborate with their community partners.
“It’s where funders, nonprofits, and communities work together—in relationship—to tackle complexity together, learn from the process, and create a better world for us all”
— Salehi, S., & Infante, P. (2024). Forest for the Trees: Collective Accountability and Trust as Groundwork for Systems Change.
Jill Miller
President & CEO, bi3