Since the beginning of time, we’ve been wired to avoid risks because that’s how we survive. But while this instinct may protect us from danger, it also holds us back. Success requires bold, unconventional actions that often draw criticism. Businesses understand this well, but nonprofits often struggle to embrace it.

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.

In today’s world, information is easy to access, so being transparent isn’t optional anymore—it’s necessary. Philanthropic organizations, which play a special role in our society, are expected to be more open and honest about what they do than ever before. Transparency in fundraising has now become critical.