Refining the Mission
The Foundation defines its first mission statement in 1994: “Strengthen the independence, integrity and well-being of the intergenerational working low income family.” The following year, Foundation trustees agree to implement a 30-year lifespan for the Foundation to preserve donor intent and make the largest impact possible during its existence. The Foundation develops its first grantmaking policy in 2000, enabling nonprofits to renew annually for up to five years. The first annual grantee conference takes place in 2001. The Foundation establishes its Statement of Purpose and Grant Philosophy in 2003.