Spending more, giving more flexibly and shifting power: reflections from spend-out grant makers

Abstract

This paper explores the dynamics behind two grant-making trusts that are choosing to spend out and close this decade. It embeds these accounts in the wider context of grant-making practice and the emerging trends to spend more, give more flexibly and shift power in philanthropy. It provides a set of questions about spending out for people involved in philanthropy to consider in research and practice.