Participatory Grantmaking: A Shared Approach to Effective Change

If you’re a frequent listener of this podcast, or have attended any of our SSIR conferences, you probably know that one of the maxims about social innovation that I believe strongly is the one that states “the most effected are the most effective” – that those who are closest to the problems are often the ones with the greatest insights into what needs to occur to address them. In many ways, this is the ethos behind the idea of “participatory grantmaking.” Participatory grantmaking encompasses a range of models and methods. At its core, this approach to funding cedes decision-making power about grants to the very communities impacted by funding decisions. As with so many other sectors, the philanthropic sector has seen a heightened demand for greater accountability and transparency, with people wanting greater voice in the decisions affecting their communities. But as with any other approach, what does this strategy look like in action? And what can we learn about our individual approach as donors from organizations that have adopted a participatory approach?

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Generosity and innovation are fueling exponential progress in addressing the most complex and intractable problems we face today. Growing at a commensurate pace is the drive to increase the efficiency and effectiveness of donors, the advisors who support them and nonprofits in creating the impact they envision. Giving with Impact is a podcast created by Schwab Charitable and Stanford Social Innovation Review to engage the philanthropic sector in an ongoing discussion around maximizing charitable impact. The series creates a collaborative space for leading voices from across the philanthropic ecosystem to engage in both aspirational and practical conversations around relevant topics at the heart of achieving more effective philanthropy. (0819-98NA)