2024 Foundation Impact Report - PV

Grants Committee Report

As we close another year of impactful work, we want to take a moment to reflect on the progress we’ve made together and share how your generous contributions are being used to support our efforts to address the basic human needs of less fortunate individuals and families in the Flagstaff community, as well as break the cycle of poverty for current and future generations. First and foremost, we want to express our deepest gratitude for your continued commitment to the causes we champion. Your support empowers us to partner with charitable organizations that are dedicated to providing hunger relief, medical and dental care, homeless services, hospice care, victim witness services, youth mentoring programs and more, to those in need in Flagstaff. THE GRANTS COMMITTEE The Forest Highlands Foundation (FHF) Grants Committee is comprised of Foundation Board and non-Board members. These Forest Highlands residents volunteer many hours of their time reviewing grant requests, attending grant proposal interviews, and making site visits to ensure that members’ donations are put to good use. The Grants Committee is tasked with ensuring that residents’ contributions to the FHF are used in the most responsible and impactful way possible. As in the past, the Grants Committee authorized grants to nonprofits in collaboration with the Arizona Community Foundation of Flagstaff (ACF) and 13 other funding organizations that participate in a process that ACF coordinates. While the initial vetting is completed by ACF, the FHF Grants Committee follows a rigorous and comprehensive process in determining the organizations to which we award funds as well as the amounts awarded. DUE DILIGENCE Before any funds are distributed, each potential recipient organization undergoes a second vetting process completed by the FHF Grants Committee. This due diligence includes, but is not limited to: Assessing the financial health and stability of the organization. This includes reviewing financial statements, budgets, and past funding records to ensure that resources are used efficiently and that a high percentage of donations directly support programs, rather than administrative overhead. 1. Determining program impact. We work closely with each partner organization to evaluate their capacity for achieving measurable outcomes. Our goal is to support organizations that not only have a strong track record but also demonstrate a thoughtful, evidence-based approach to tackling the issues at hand. 2. Ensuring alignment with our mission and values. Each organization is evaluated for its alignment with our mission and core values. We prioritize initiatives that focus on sustainable, long-term change and that empower individuals and communities to thrive and ultimately break the cycle of poverty. 3. Regular monitoring and reporting. Once funds are distributed, we monitor progress and request regular updates from our partners. This allows us to track the effectiveness of each program and ensure that funds are being used appropriately and efficiently. 4.

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