History and Evolution of PFF Giving Areas
Trust-based Philanthropy at the Penney Family Fund
Give multi-year, unrestricted funding as a norm - in addition to rapid response grantmaking as needed
Do the homework—by making it our Trustees’ and staffs’ responsibility to research and learn about grantee partners
Simplify and streamline paperwork—by removing grant proposal templates and requirements
Be transparent and responsive—by sharing results of our board meetings and decision-making process with grantee partners
Solicit and act on feedback—by creating a safe space for feedback, acting on it, and sharing a feedback loop with our grantee partners.
Offer support beyond the check—by being responsive to other needs we hear from grantee partners.
These six principles are inspired by and adapted from the six principles of Trust-based Philanthopy
Grant Types & Methodology
Purpose
Process
Partnership Grants
Allows PFF to invest deeply in existing partners doing highly aligned work; Multi-year funding for organizations PFF already knows
Staff conducts ongoing research and utilizes check ins with existing grantee partners to inform the Board on progress.
Learning & Relationship Building Grants
Allows PFF to test waters with new potential partners in each of the new giving areas; learn from new organizations working in the new giving areas; and give smaller amounts to nascent organizations. Opportunity to transition to Partnership Grants.
Staff and board will recommend organizations that align with giving areas and meet requirements and present them at November 2021 board meeting; Organizations will be invited to submit an application they have used for a different funder and come present to the board about their work.
Rapid Response Grants
Allows PFF to continue to be responsive to the needs of organizations during challenging and unexpected times. (pandemics, mass protests, etc.)
The Board will assemble a subcommittee to do research and notify organizations of grants. No formal reporting requirements necessary.
Discretionary Grants
Allows PFF board members who are new to the board or transitioning from the board to support organizations that may fall outside of the scope of our mission and giving areas.
All new board members receive a small discretionary grant to distribute during their first year sitting on the baord.