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To implement the wind-down, the
Foundation will make substantially
larger grants that fit under the
general giving areas under
Areas of Interest.
These
grants will be intended to have a lasting,
major impact upon the organizations,
communities, and/or institutions that receive
these grants. The Foundation intends to
emphasize capital grants (bricks and mortar,
facility, and equipment) as a major
component of this wind-down.
Future grants will incorporate the decision-making
principles that have distinguished
past effective grants, such as:
- positive impact upon as many people
as possible;
- support of organizations that have:
a track record of success;
demonstrated effective practices in
the past; attracted broad-based
support; strong leadership; and
proven to be accountable;
- support of organizations and
programs that serve those who are
worthy, having earned support
through merit;
- ability of organizations to attract
funds from other sources, including broadbased support from private sources (individuals, corporations, foundations) for a significant percentage of the funds needed.
- ability of organizations to be successful without continued support from the Foundation.
The emphasis upon larger grants through the
wind-down will be implemented through the
following means:
- The Foundation Board and staff are
identifying and researching
opportunities for grantmaking;
- The Foundation will employ
different strategies to implement
future grantmaking, which may
include Request for Proposals and
Competitive Grants;
- Potential applicants will be notified
when specific initiatives are
determined.
Annual Grants
For the near future, the Foundation will
continue to make limited annual
program and/or operating support grants.
Future grants will increasingly focus on the
major initiatives undertaken by the
Foundation.
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