This purpose of this policy is to set out the principles, criteria and processes that govern how the Stanley Group Foundation makes grants.
It complements the Gift Acceptance Policy, which defines the basis on which the Foundation accepts donations into funds.
The policy aims to provide clear guidelines for the Stanley Group Foundation's grant-making processes, including the principles and criteria that will inform the decision-making process. This policy ensures that all grants awarded by the Foundation align with its core values and objectives while promoting transparency and accountability in the grant-making process.
Moreover, the policy complements the Gift Acceptance Policy, which outlines the criteria and procedures for accepting donations. By doing so, it ensures that the Foundation operates in a coordinated and consistent manner, ensuring that all funds received and distributed comply with the Foundation's values and objectives. The combination of these policies ensures that the Foundation's grant-making processes are ethical, transparent, and aligned with its mission and objectives.
2 May 2023