No strings attached? Making sense of flexible financing in philanthropy / OECD.

Format:

Book

Author/Creator:

Organisation for Economic Co-operation and Development, author, issuing body.

Language:

English

Subjects (All):

Charitable uses, trusts, and foundations.

Physical Description:

1 online resource

Place of Publication:

Paris : OECD Publishing, 2024.

Summary:

Increasingly, philanthropic donors are moving from supporting specific projects to providing untied general support to their grantees. In response to the shift, this report sheds light on flexible financing - the practice of providing grantees unearmarked funding. It examines "trust-based philanthropy" to better understand both advocacy for, and scepticism towards, this approach. In so doing, it highlights the need for an empirical understanding of financing practices in philanthropy. The report focuses on one form of flexible financing: core budget support. It assesses the advantages and disadvantages of this approach for both philanthropic funders and grantees. To that end, it explores both the dynamics of grant-making as a contract and the implications of flexible funding on different types of grantees. Research is based on evidence from the OECD database on Private Philanthropy for Development. It looks at flexible funding from more than 180 private philanthropic donors from 32 countries, and historical yearly giving from 20 large foundations. Based on these data, it analyses the factors that influence philanthropic financing, using Bayesian statistics.

Contents:

Foreword

Executive summary

1 Introduction

2 Framing flexible financing in philanthropy

What is flexible financing?

Advantages and disadvantages of flexible financing

Grant-making as a contract

Grant-making can build trust between philanthropic donor and grantee

3 Flexible giving in private philanthropy for development

4 Flexible portfolios: The case of large international philanthropic donors

5 Key takeaways

Annex A. Glossary

Annex B. Data

Annex C. Probability of flexible giving analysis

Annex D. Flexible funding portfolio analysis

References

FIGURES

TABLES.

Notes:

Description based on publisher supplied metadata and other sources.

ISBN:

92-64-83741-8