26 per cent of MacKenzie Scott's grantees are creating new endowments with the billionaire's funds, and 6 other findings from new evaluation report
Why It Matters
A growing cohort of Canadian funders are offering unrestricted gifts to boost impact and restore a more equal power dynamic between grantor and grantee. But does the practice work? Are there unintended consequences? A new report offers insights.
[aesop_image img=”https://futureofgood.co/wp-content/uploads/2022/11/unnamed-3.jpeg” panorama=”off” align=”center” lightbox=”on” captionsrc=”custom” caption=”Joanna Kerr, CEO of MakeWay, a public foundation that received a US $15 million donation from billionaire philanthropist MacKenzie Scott in March 2022. (Photo: MakeWay) ” captionposition=”left” revealfx=”off” overlay_revealfx=”off”]
This independent journalism is made possible by the Future of Good editorial fellowship covering the social impact world’s rapidly changing funding models, supported by Future of Good, Community Foundations of Canada, and United Way Centraide Canada. See our editorial ethics and standards here.
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