Respect
We deal respectfully and act with honesty, integrity and openness with applicants, grantees, the government and the general public, and build constructive relationships based on mutual respect, candor, confidentiality and understanding.
Rationale
Philanthropy is a relational enterprise. A major contributing factor to grantee success is the quality of their relationships with funders. For funders to be effective in their roles, they must place primacy in listening to and creating open, respectful and honest relationships
with grantseekers and other stakeholders. The inherent structural imbalance between grantee and grantor dictates the establishment of mitigating policies and procedures that support honest and productive relationships.
Illustrative Practice
Seek feedback (including that given anonymously) on foundation performance from current and former grantees and denied applicants.