Demystifying TBP Session #3: How Do We Approach Risk and Due Diligence in Trust-Based Philanthropy?
This is the third session of a 6-part webinar series on Demystifying Trust-Based Philanthropy. For more information about this series, click here.
There is a misperception that there is little due diligence conducted in trust-based philanthropy. A trust-based due diligence process does exist – and it encourages funders to reframe how they characterize and react to “risk”— moving from scrutinizing organizations’ budgets and governance, towards a deeper assessment of values-alignment and ways to support organizations’ capacity for impact.
In this session, we will explore the notion of risk – and how to reframe our understanding and analysis of risk to consider the reciprocal nature of the funder-grantee relationship. We’ll hear from funders who have implemented trust-based values and practices in their due diligence process, and have identified ways to bridge the gap between donor/board desires and grantee needs. Participants will gain knowledge around how to assess and respond to potential “risk” with a trust-based lens.
Each session requires a separate registration. At registration, please designate SoCal Grantmakers as your affiliated Philanthropy Serving Organization as it will make it easier for the event organizer to sort participants into breakouts. Please also feel free to review the recommended pre-readings for the series: TBP in 4-D, the Six Practices Guide, and Skeptic's Corner FAQs.
Session #1: Does Trust-Based Philanthropy Mean Unconditional Trust? April 19, 2023
Session #2: Does Unrestricted Funding Automatically Make a Funder Trust-Based? May 11, 2023
Session #3: How Do We Approach Risk and Due Diligence in Trust-Based Philanthropy? May 31, 2023
Session #4: What Does Grantee Accountability Look Like in Trust-Based Philanthropy? June 14th, 2023
Session #5: What Does Evaluation Look Like in a Trust-Based Context? July 12th, 2023
Session #6: What Does Trust-Based Philanthropy Have to Do With Racial Equity? August 2, 2023