David Suarez - Democratizing the Plutocracy? Philanthropic Foundations and the Emergence of Participatory Grantmaking
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A growing number of private foundations are experimenting with power-sharing innovations like participatory grantmaking, and the presentation will provide an overview of this nascent phenomenon and propose a conceptual framework to test which foundations embrace participatory grantmaking and why they do so. accelerated the professionalization and rationalization of foundations, which reinforced this management style, and power over decision-making has become even more concentrated over time due to the expansion of donor control. Despite this prevailing pattern, a rapidly growing number of public and private foundations have started to experiment with innovative philanthropic practices that share power with stakeholders. What explains foundations engagement with participatory philanthropy, and which foundations have embraced extensive and controversial practices like participatory grantmaking?
Zoom Recording ID: 82804759292 UUID: sJvu1XMBQ+S4PIqG76aYww== Meeting Time: 2024-02-13 04:44:10pmGMT