10.8: Key Terms
- Page ID
- 292449
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Words to note
- Philanthrocapitalism The application of venture logic, performance metrics, and market tools to philanthropic giving with the aim of scaling social impact (Bishop & Green, 2015).
- White Savior Complex A pattern in which privileged outsiders define problems and solutions for marginalized communities in ways that center their own agency and visibility rather than local priorities (Cole, 2012).
- Aid Trap A cycle in which repeated external assistance substitutes for structural reform and undermines domestic accountability and growth dynamics (Moyo, 2009).
- Participatory Grantmaking A funding approach that gives decision power to affected communities across proposal design, selection, and evaluation, redistributing authority in the grant process.
- Democratic Deficit The gap that arises when private philanthropies shape public goods without proportional transparency, oversight, or electoral accountability (Reich, 2018).
- Decolonizing Aid A practice agenda to shift resources, narrative authority, and leadership to local actors, and to align philanthropy with rights, equity, and systemic change.
- Attention Economy of Aid The way digital platforms allocate visibility and emotional engagement, influencing which crises receive donations and which remain unseen (Morozov, 2013).
- Donor-Advised Fund A charitable giving vehicle offering immediate tax benefits while allowing donors to recommend grants over time, often with limited payout requirements.
- Complementarity A partnership principle in which philanthropy funds innovation and flexible capital while public systems deliver universal services and long-term finance (UN, 2015).
- Effective Altruism An evidence-based approach to giving that seeks to maximize positive impact per dollar, often prioritizing measurable outcomes such as lives saved (Singer, 2015).