Our Board of Directors continues to follow a “no new net grants” policy. Under this policy, new grants will be made only as existing grants are transitioned from our portfolio and our financial resources permit.
This policy along with the potential for volatility in the investment markets make it unlikely that we will add a meaningful number of new grantees to our grant portfolio in the near future. To the extent that we are able to consider grant inquiries, we will continue to be highly selective and focus only on those that involve programs that closely align with our interests and fill gaps within our focus area portfolios.
Updated December 2017