Participatory grantmaking (PGM) is gaining recognition in philanthropy, rooted in long-standing community-driven giving practices. Lessons from Indigenous and Black community practices highlight the need for a shift in how funds are distributed. Critiques of the 'nonprofit industrial complex' have emerged, especially with the influence of billionaire philanthropy. PGM advocates for acknowledging power dynamics and ensuring transparency. Examples like the Funding Exchange and Southern Partners Fund illustrate how organizations have successfully empowered communities to lead in grantmaking processes, shifting the focus from charitable giving to collaborative and equitable approaches.
Participatory grantmaking may be a new trend in philanthropy, but community-driven giving practices have been around since the beginning of time. These practices provide valuable lessons for philanthropy, particularly from those historically marginalized in it.
The rise of billionaire philanthropy has prompted scrutiny of those who amassed great wealth in the economy being responsible for its distribution.
Participatory grantmaking involves recognizing power dynamics, embedding equity, ensuring transparency, and requiring those with privilege to relinquish some control over decision-making processes.
The Funding Exchange is recognized for initiating participatory grantmaking within modern philanthropy, promoting 'change, not charity' through involvement of activist-advised grantmaking.
#participatory-grantmaking #community-philanthropy #equity #grassroots-movements #wealth-distribution
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