GHJ Private Foundation Practice Leader Stephanie Yan and Nonprofit Expert Amber Coatney wrote about how private foundations can manage their risk then adopting trust-based philanthropy for Philanthropy News Digest.
Trust-based philanthropy is a giving philosophy that encourages a more open conversation between grant-makers and grantees. But adopting this model can introduce new risks. Stephanie and Amber explain how private foundations can implement trust-based philanthropy while protecting their funds.
GHJ’s Private Foundation Practice serves over 50 private foundation clients, including 10 of the top 25 private foundations in Southern California with a focus on the grant-making process, nonprofit benchmarking and private foundation governance.
Click here to read the full article.