Trust-based funding

“Just as you wouldn’t give a heart surgeon money and then tell them how you want that surgery done because it’s your money, this approach is about letting NGOs do impactful work by giving them the power to decide where funding goes” - Daniel Flynn, Thank You

What if we moved from the “funder knows best” mindset to supporting NFPs with:
- Longer term funding
- Funding that was not tied to activity-based impact measurement but allowed them to tackle the more complex challenges in the system
- Focus on impact performance, and not overheads, of the NFP

https://probonoaustralia.com.au/news/2020/11/thankyou-unveils-new-trust-based-funding-model/

What do you think?

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Comments

Lynn Wood @ 2020.11.08 8:03 AM
Excellent idea now that we have an effective charity and NFP regulator.

By Katherine Leong

8 November 2020

NFP

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NFP

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NFP

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18 July 2021 by Katherine Leo... 0 Comments