In this conversation, Brandolon Barnett, Head of Innovation and Philanthropy at Giving Compass, and Sade Dozan, founder of Melanate. and VP of Advancement at Borealis Philanthropy, explore the transformative potential of philanthropy when approached as a responsibility rather than a transaction. They discuss the importance of building trust and solidarity within the philanthropic ecosystem, emphasizing the need for long-term investments in communities and the significance of personal journeys in shaping perspectives on wealth. The dialogue highlights the dynamics of wealth and power, the role of storytelling, and the contrast between traditional and participatory philanthropy. Sade shares practical steps for donors to engage meaningfully and the importance of fostering belonging through philanthropic practices.Key Takeaways- Philanthropy should be viewed as a responsibility, not just generosity.- Building trust and solidarity is essential in philanthropy.- Personal experiences shape perspectives on wealth and giving.- The philanthropic ecosystem includes communities, nonprofits, and donors.- Long-term investments are crucial for sustainable community change.- Storytelling should honor the truth of the work, not just serve metrics.- Donors need to engage in internal audits to understand their impact.- Philanthropy must move at the speed of people's livelihoods.- Practicing philanthropy can strengthen belonging and connection.- Donors should focus on transformative giving rather than transactional.