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Grantmaking

The Grundy Foundation’s endowment, which sustains the operations of both the Museum and Library, also provides for grantmaking. Senator Grundy specified that grant support would be given to “projects for the benefit of the inhabitants and institutions of the Commonwealth of Pennsylvania and for projects or works designed for the benefit and use of the people generally.”

The Board of Trustees generally has restricted grantmaking to Bucks County public charities, with special consideration to those of Bristol Borough. Grants are made primarily for capital projects throughout the County serving the public in a wide area rather than a single neighborhood. Grants for operating or programmatic support are reserved for pre-selected organizations or Board-designated projects. Applicants receiving operating or programmatic support as a member agency of the United Way of Bucks County are ineligible for grant consideration. Areas of grantmaking interest include arts and culture, education, community development, and health and human services.

 

At their recent annual meeting, the Foundation’s Trustees postponed consideration of grant requests for the period January – June 2016. This action was taken as a response to recent stock market turmoil and its direct impact on this year’s operating budget. A midyear review of this policy is intended. It is our hope that the overall investment environment – and our endowment portfolio in particular – will have improved by then so that grant requests may be considered for the remainder of the calendar year.  

 

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