Predicting the future of philanthropy is a tricky business—and even more so when it comes to political shifts. Under the new Trump administration, the direction of philanthropy could change, although I do not think it will drastically. We can only take some guesses based on historical data and recent events.
Wealth Inequality and Power Dynamics in Philanthropy
Philanthropy, by nature, carries an air of generosity and goodwill — a way for the wealthy to give back and help address big societal challenges. And let’s be honest, most of us admire the idea of someone using their resources to make the world a better place. But not everyone sees it that way. Critics argue that large-scale philanthropy can sometimes do more harm than good, creating power imbalances that let the rich call the shots. It’s a tricky topic.