Philanthropy has long been synonymous with money — the wealthy few giving to the many in need. Yet as social change evolves and the next generation steps into positions of influence, so too must our understanding of what it means to give. In a recent episode of Changemaker Q&A, host Tiyana J explores a new framework that redefines the essence of philanthropy — one that extends far beyond the traditional cheque book.
Known as the Five Ts of Philanthropy — time, talent, ties, testimony, and treasure — this model invites a more inclusive and holistic understanding of giving. It challenges both organizations and individuals to think beyond money as the only driver of change, reframing philanthropy as something anyone can participate in, regardless of financial means.
A Shifting Philanthropic Landscape
Philanthropy is undergoing a generational transformation. With an estimated $3.5 trillion in wealth expected to transfer between generations in Australia over the next two decades, the landscape of giving is being reshaped by millennial and Gen Z donors who bring new priorities and expectations (source: Philanthropy Australia).
Unlike previous generations who often directed funds toward established institutions such as universities and art galleries, younger philanthropists are increasingly focused on equity, climate action, and social justice. They are also more collaborative, seeking hands-on partnerships and transparency in where and how their contributions make an impact.
Technological innovation has further democratized philanthropy. Platforms like GoFundMe and Chuffed have made it possible for individuals to contribute directly to specific causes and track their impact in real time. Some experts predict that emerging technologies such as blockchain could soon enhance transparency and accountability in the giving process (Stanford Social Innovation Review).
Rethinking What It Means to Give
At the heart of the episode, Tiyana J breaks down the Five Ts — a model that challenges the narrow perception of philanthropy as purely financial.
1. Time:
Volunteering remains one of the most transformative yet undervalued forms of giving. By contributing time, individuals expand an organization’s capacity and bring fresh ideas and energy. Volunteers often play a critical role in innovation, precisely because they’re less bound by institutional hierarchies.
2. Talent:
Philanthropy through skill-sharing — whether in governance, technology, marketing, or law — can have lasting impact. When people contribute their professional expertise, they strengthen the long-term sustainability of organizations. As Tiyana J notes, this kind of giving can leave “governance documents and frameworks that shape an organization’s direction for a decade.”
3. Ties:
Relationships and networks are the connective tissue of social change. Philanthropy is not only about resources flowing in, but also about who can help those resources reach their fullest potential. Building strong ties — with communities, corporate partners, and policymakers — is often the difference between short-term projects and systemic change.
4. Testimony:
Storytelling humanizes impact. Sharing lived experience or amplifying others’ voices builds trust, shapes public narratives, and helps organizations communicate their purpose clearly. As Tiyana J points out, testimony can preserve “the collective memory of struggle, resilience, and achievement” — the emotional core of every movement for change.
5. Treasure:
While money remains essential to stability and innovation, it’s just one piece of the puzzle. Tiyana J emphasizes that financial giving should form the foundation, not the frame, of philanthropy. Unrestricted funds — those allowing organizations to decide how to best use donations — are particularly powerful, offering flexibility to innovate and respond to emerging needs.
Philanthropy for a New Era
Modern philanthropy isn’t about how much one can give — it’s about how many ways one can give. The Five Ts offer a blueprint for inclusive engagement, encouraging individuals to see their time, expertise, networks, and stories as equally valuable contributions.
As Tiyana J reminds listeners, “Philanthropy no longer has to be confined to what we can financially give.” Whether you’re a young changemaker just starting out or part of an established organization seeking to deepen your impact, the Five Ts model provides a powerful framework to rethink what giving really means — and how, together, we can build a more collaborative future of social change.
