Philanthropisms Kate Symondson: Family Foundations, Grantmaking & Next Gen Philanthropy
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Jun 6, 2024 In this discussion, Kate Symondson, Head of Philanthropy at the Symondson Foundation, dives into the intricacies of family foundations and trust-based funding. She shares insights on balancing personal and strategic charity while addressing the power dynamics between funders and grantees. Kate also explores the unique characteristics of next-gen philanthropists, urging collaboration across generations. With an eye towards equity, she emphasizes the importance of a flexible, nuanced approach to grantmaking and the value beyond mere monetary contributions.
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Lower Barriers With Short Intake Forms
- Use simple intake tools like a short 'tell us about you' form to reduce barriers for underfunded groups.
- Combine that with funding via aligned grant-makers to discover smaller organisations without onerous applications.
Do High-Level DD And Offer Unrestricted Grants
- Avoid heavy application burdens by doing tailored, high-level due diligence and inviting only a short focused application when needed.
- Offer multi-year unrestricted or capital grants aligned to the organisation's needs instead of rigid funding terms.
Debating Final Reframes Teen Stereotypes
- Kate attended a debating final with about 200 engaged teenagers and found it energising.
- The experience reinforced her belief in young people's commitment and potential for civic life.