This article proposes the creation of a participatory governance framework for traditional communities, focusing on financial benefits sharing, whether they come from compensation, indemnification, or socio-environmental projects. The proposed governance framework was developed based on a series of governance principles and the perceptions and needs of fourteen traditional communities in the Brazilian Amazon. The results demonstrated that applied experiences were successful. In this way, the proposed framework presents itself as a mechanism that can be adapted to the specifics of managing financial resources in community contexts.