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Nigeria has a pressing need to develop indigenous, sustainable funding mechanisms to support CSOs in the wake of diminishing foreign aid and increasing societal needs. CSOs’ work in improving health, providing education, supporting youth, fighting corruption, and other areas of need are vital to support Government of Nigeria efforts to meet the Sustainable Development Goals and to improve life of all Nigerian citizens. But where could such sustainable CSO funding come from, and how would it be managed? This concept paper describes the potential application of a well-documented framework, entitled “Philanthropication through Privatization,” or “PtP,” whereby assets deriving from the transfer or monetization of public and quasi-public assets are used to endow independent foundations. Nearly 650 cases of foundations endowed by “PtP” style transactions have been documented globally, including some of the largest and most-well known philanthropic institutions in the world. Luckily, Nigeria has several classes of assets that could be tapped to: a) support the creation and endowment of one or more independent foundations; or b) further support the work of an existing high-performing grant-giving organization or fund. This concept paper focuses on the following three asset classes—extractives, debt swaps, and repatriated stolen assets—and outlines steps that will be taken in the project’s research and advocacy phases to develop and ultimately pilot a PtP solution that increases the flow of locally-generated funding for CSO work.