Participatory grantmaking is an approach in which the communities affected by funding help decide how it is allocated. Rather than the funder alone choosing grantees, decision-making power is shared with the people the funding is meant to serve.
Participatory grantmaking is an approach where the communities affected by funding help decide how it is allocated, sharing decision-making power with the people the funding is meant to serve rather than leaving it to the funder alone.
A conventional selection committee is usually the funder's own people or chosen experts. Participatory grantmaking deliberately includes the affected community as decision-makers, changing who holds the power, not just the mechanism.
Participatory grantmaking concerns who makes the funding decision; trust-based philanthropy concerns how grantees are treated afterwards. They are complementary and often combined, but address different stages.
Because people closest to a problem often understand best what will work. Sharing decision power aims to produce better-targeted funding and to correct the imbalance of a distant funder deciding on a community's behalf.
The newest terms we've added, the words teams managing grants, sponsorship, and CSR come across most often.
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