The Jay and Linda Grunin Foundation is a proactive grantmaker.
We identify organizations to implement projects designed to help the Foundation attain its various programmatic goals. Our aim is to invest in innovative projects that have measurable impacts and creates meaningful, transformative change by addressing the root causes of shortcomings in three sectors: education, healthcare and the arts.
Our approach to grantmaking means nearly all of the organizations we fund are identified and contacted by the Foundation’s staff. Intensive and collaborative planning between the Foundation and the institutions it has identified generally precedes the awarding of grants and is an integral step in its grantmaking.
We use philanthropy to increase citizen activity and economic development opportunities through the arts, healthcare and education.
The Ocean/Monmouth region becomes a magnet in the Northeast for active citizens who want to enjoy arts and culture, push social innovation and pursue cutting-edge business strategies.
Integrity: We will act in what the Foundation perceives is in the best interest of the community we serve.
Tenacity: We are determined in our approach to tackling our defined issues in the community.
Leadership: We take steps to achieve our vision of a better community and inspire others to join us.
Collaboration: Collaboration builds impact. We want to bring the community together. We don’t want to do something we unilaterally decide is the right choice. We want stakeholders to weigh in with their opinions. When the wider community is on board it becomes more impactful.
Honesty: The Foundation will be transparent about our community partners; we will strive to discover and address their capacity needs; and we will always be true to what we can and can’t be as a Foundation.
We look at the Executive Director, their team, and Board. We are looking at who is with you to ensure you succeed. What is their ethical fiber, experience, commitment level and ability to strive for constant improvement and eagerness to share that learning with others?
We are concerned with finding the root cause to our community’s needs in healthcare, education and the arts. We want to know how your organization believes you can address these needs. How does your idea compare to other interventions in terms of its cost, scalability, and social impact? Can the idea be replicated? What capacity changes are necessary to ensure success?
We want to know what success looks like to you, and how the organization knows it’s being achieved. What are the implications of achieving success? As a funder willing to take risks, we also have an appreciation for things that cannot yet be measured, but hold the promise of great impact. We will however work together to ensure we agree to what the measureable outcomes should be.
In the structuring of a grant, we allow the grantee (partner) to tell us how we should hold them accountable. We plan quarterly, zero-paper check-ins regarding their progress, their challenges, and look for ways to help them be successful. Our role is to serve our partners, so we try to work on their timetable and give them the biggest return on time invested.
Throughout our partnership, we are involved at the level to which we can be useful. If a partner can benefit from our involvement, we will roll up our sleeves. If you know how to achieve what you want to achieve – we’ll support you all the way. As a funder, we believe we should know when to “lead, follow, or get out of the way!”