Resonance: A Framework for Philanthropic Transformation

Resonance: A Framework for Philanthropic Transformation

Philanthropic organizations whose endowments and influence can be traced back to industries that relied on exploitation and the extraction of natural resources can play a catalytic role in transitioning our current economic system, which is organized around limitless extraction and wealth accumulation, to one that is organized around regeneration and resilience, a report from Justice Funders and the Resonance Collaborative, a constellation of movement and philanthropic leaders, argues. The report, Resonance: A Framework for Philanthropic Transformation, urges funders to advance justice and equity by going beyond traditional grantmaking and adopting new models for administering philanthropic resources — including financial capital, knowledge, and human resources. To that end, the report proposes a framework for facilitating a "Just Transition" built around four guiding principles — dignity and equity, solidarity and collectivity, integrity and authenticity, and courage and responsibility — and details what it calls a Spectrum of Extractive to Regenartive Philanthropy to describe a foundation's underlying assumptions with respect to the role of capital; approach to philanthropy; relationships with communities; leadership; operations; endowment; and grantmaking strategy, process, and decision making. The report also includes case studies of organizations that are tackling core elements of a comprehensive shift toward a Just Transition.

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