Article - The Economist - No-Strings Philanthropy is Giving Charities More Decision-Making Power - 2024-01-10

  • Communications
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Title
Article - The Economist - No-Strings Philanthropy is Giving Charities More Decision-Making Power - 2024-01-10
Author
The Economist Newspaper Limited
Year
2024
Publication/Event Date
January 10 2024
Abstract
This article, published on January 10, 2024, profiles Reeta Roy and details the shift toward trust-based, no-strings philanthropy, moving away from distrust and restrictive grant-making. This approach gives recipients unrestricted funds, reducing administrative burdens and combating the "non-profit starvation cycle". By investing in essential overheads (like staff and IT), non-profit groups deliver better results. This practice aligns with "localization," where donors, including the Mastercard Foundation, prioritize funding African partners directly to enhance effectiveness.
Resource Subject
  • Thought Leadership
  • Learning
  • Systems Change
Keywords/Access Points
Philanthropy; Trust; Reeta Roy; The Economist
Geographic Locations
  • Kenya
Language
  • English
Demographic Groups
  • Youth
Special Collections
  • Foundation Corporate Announcements
Archival Record ID
MFA.2024.1968