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Principles of Effective PhilanthropyPhilanthropy
Northwest (formerly the Pacific Northwest Grantmakers Forum) encourages the adoption of standards, ethics
and grantmaking practices that assure philanthropy remains a field
thought highly of by our communities. With that in mind, in 1995 our
organization developed and adopted the following principles for effective grantmaking.
To be effective grantmakers, Philanthropy Northwest member
organizations:
- Define and articulate a philanthropic mission.
- Establish identifiable governing and /or decision-making bodies.
- Exercise prudent stewardship of their assets.
- Recognize and fulfill the obligations of accountability to the
public, to the letter and the spirit of the law, and to the charitable
intent of the donor(s).
- Establish a clear, logical and consistent grantmaking process.
- Communicate openly, respectfully and in a timely manner, with
the public and grantseekers.
- Provide information about their grantmaking guidelines, including
program interests and granting limitations, and information about
the process for applying for a grant.
- Monitor changing societal conditions and the diverse viewpoints
in the communities they fund.
- Disclose to appropriate parties relationships which constitute,
or present the appearance of, a conflict of interest.
- Review, assess and evaluate periodically their operations, procedures
and the results of their grantmaking.
- Treat all people with dignity and respect.
- Exercise discretion in communicating information about grantseekers.
Adopted by the Board of Directors, January 1995
The committee members who developed these principles were:
Anne Farrell, Chair
The Seattle Foundation
Drew Anderson
M.J. Murdock Charitable Trust
Dan Asher
Endowment Fund of the Jewish Federation of Greater Seattle
Peter Broffman
Consultant
Margy McGroarty
Greater Tacoma Community Foundation
Robin Pasquarella
Henry M. Jackson Foundation
Carol Pencke
A Territory Resource
Nadine Troyer
Seafirst Foundation
(affiliations are as of time of service)
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