NCFP Series | Evolving Your Family Philanthropy: Bold Transparency

How can being more transparent about your philanthropy strengthen your relationships and build trust with grantees and partners?

The annual Trust in Nonprofits and Philanthropy Report showed that 57 percent of Americans trust the nonprofit sector—much higher than the government, media, or the business sector. Yet, only 33 percent have trust in the philanthropic sector (primarily private foundations and high net-worth individuals). Why is this and how can family philanthropy increase this trust?  

By prioritizing transparency, families can grow trusting relationships with the communities and organizations that they support, be more accountable donors, and ultimately enhance the effectiveness of their philanthropic efforts.  

Resources: Accountability, Relationships, Trust in Nonprofits and Philanthropy Report

About the Fundamentals of Family Philanthropy Webinar Series

The monthly Fundamentals of Family Philanthropy webinar series provides guidance on the core principles of effective family philanthropy—from motivations and values to governance, grantmaking, and succession. The series equips giving families with the latest information on evergreen topics in the donor lifecycle through practical takeaways and diverse family stories that illustrate important practices. Designed for seasoned practitioners and newcomers alike, the series is available to our Network Members and Network Partners.

For a refresher on this topic, watch previous Fundamentals webinars.