We have a clearly stated mission, funding priorities, decision-making processes and goals in pursuit of the public benefit.

Rationale

This is a statement of the most basic principle that paves the way for all others and their supporting practices: philanthropic entities must understand the mission-driven business they are in and state clearly to others how they intend to engage in philanthropic endeavors.

Illustrative Practice

Develop and periodically review the foundation’s values and mission statement, strategies, program areas and funding priorities, goals, annual and multi-year objectives and geographic focus.

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purpose

transparency

stewardship

responsible governance

accountability

respect

diversity

equity