In this episode we talk to Kate Symondson, Head of Philanthropy at the Symondson Foundation, about family foundations, grantmaking & next gen philanthropy.
Including
- How do the various members of a family foundation agree on what to fund and how?
- Which aspects of giving as a family are most rewarding, and which most challenging?
- Does doing philanthropy together have an impact on inter-family dynamics?
- Do Next Gen wealth holders have distinctive characteristics when it comes to their attitudes towards philanthropy, or their methods of doing it?
- Is it even helpful to talk about Next Gen philanthropy?
- How easy is it for younger philanthropists to develop networks with like-minded peers?
- How can funders strike the right balance between trust and measurement?
- What kind of due diligence do donors need to do on small charities in order to fund them in a trust-based way?
- How do you mitigate the power imbalance between funders and grantees?
- Is philanthropy a duty or a choice?
- Is it OK for philanthropists to get a reward from their giving?
- Is growing scrutiny of where philanthropic wealth has come from a good thing?
- Should foundations’ missions be reflected in their investments as well as their grants?
- Is it important to scrutinise or critique philanthropy? If so, why
- Is it a challenge to get nuanced or balanced discussion about philanthropy issues in an increasingly polarised environment?
Related Links:
- The Symondson Foundation
- Kate’s blog for NPC, “Why Funders Need to Champion Small Charities“
- Kate’s blog for Alliance, “How a UK Funder is Responding to the Cost of Living Crisis“
- Kate’s blog for Beacon Collaborative, “Why Taking a Considered Approach Towards Philanthropy Matters“.
- Philanthropisms podcast with Mary Rose Gunn
- Philanthropisms podcast with Dr Ewan Kirk
- Philanthropisms episode on gratitude and recognition
- Philanthropisms podcast episode on the cost of living crisis (with Angela Kail from NPC)
- WPM short guides on measuring impact and core cost funding.