What does flexible funding look like? What if you’re funding on behalf of others? When does it end?
These are just some of the questions explored at the Institute for Voluntary Action Research’s (IVAR) first Open and Trusting Community of Practice.
Many concerns related to unrestricted funding were surfaced – such as the risk of relying on longer-term relationships, which is hard to reconcile with the imperative to achieve greater equity in access to funding. But they also heard how these challenges are being addressed: those funders who do give a significant percentage of highly flexible grants to first time applicants argue that trust can and must be assumed from the start of a grant relationship. Read more in the IVAR briefing paper: Towards more flexible funding - practical ideas from open and trusting grantmakers.