At Panorama Global, we recognize the interconnectedness of social change movements and leaders, and we are building participatory spaces for dialogue and learning within the nonprofit and philanthropic sectors. We have witnessed over the last few years how perhaps no act has impacted the field of philanthropy more than author and philanthropist MacKenzie Scott’s revolutionary giving practices. She has awarded more than $14 billion in less than two years via unrestricted and multi-year gifts.
To gain insight on the impact of large unrestricted grantmaking to advance systems change, Panorama’s Collaborative Learning from Impact Philanthropy (CLIP) initiative has facilitated six peer learning cohorts designed for Scott grant recipients to build community and networks, and share insights. Large, unrestricted giving has demonstrated the power of philanthropy to transform, and our team has developed actionable recommendations for donors looking to adopt transformational giving practices.
As Panorama Global is considering different approaches to build on these learnings and help shift norms and practices in the philanthropic and nonprofit sectors for making and managing large, unrestricted gifts, we convened a group of 20 to hear directly from a diverse set of HRFN Conference attendees ranging from a private foundation to regranting and intermediary organization staff, and researchers. We wanted to better understand:
Through a robust discussion, we uncovered the following takeaways:
The consensus was MacKenzie Scott’s approach supports nonprofits to be more effective and drives funders to implement more inclusive and just practices. However, to accelerate systems change work, a collective effort to break down barriers to unrestricted, long-term funding is necessary.
We are a proud partner of Human Rights Funders Network. This post was originally posted on HRFN's website.
For information gathered through our Collaborative Learning from Impact Philanthropy work, visit our webpage. If you've received a Scott grant and are interested in joining a learning community, contact us to continue this work together.