Discretionary Grants Policy - Exponent Philanthropy

Discretionary Grants Policy

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Discretionary grantmaking is the practice of allowing board members and, in some cases, committee members, family members, or staff to direct a portion of grantmaking dollars to organizations of their choice. Although the board is legally responsible for all discretionary grants, the grants generally are approved without extensive review or discussion. They truly are made at the discretion of individuals.

If your foundation does offer discretionary grants for board members, staff, or others, the policy should include certain elements.

Full article includes sample documents.

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