
The goal of the Foundation’s grantmaking is not to sustain a nonprofit indefinitely, but to help it achieve within an agreed-upon time frame significant scale and the highest level of proven program effectiveness possible. Ideally, a grantee will reach a stage of sustainable growth where it can secure reliably renewable public and/or private funding for a scientifically evaluated program and no longer needs our support. At this point the Foundation expects to conclude its investment and exit successfully.
Not every investment is equally successful, however. The Foundation is continually reassessing its portfolio to make sure it is realizing the highest possible social return. Such a review may lead us to reallocate resources and end our relationship with a grantee through no fault of the grantee’s own. In other instances the Foundation may decide to end a relationship when:
Even in these instances, the Foundation’s support is designed to leave the grantee a stronger organization than when EMCF’s investment began, consistent with the principle, “First, do no harm.”
The Edna McConnell Clark Foundation is investing up to $42 million over three years in nine organizations whose evidence-based programs promise to transform the life trajectories of thousands of low-income youth. In support of these grantees, the Foundation is establishing the True North Fund to leverage public money from the SIF and private money from the EMCF and institutional and individual philanthropic partners to effectively capitalize and expand programs that can serve more vulnerable young people.
(Youth Villages) The New York Times, February 21, 2011
(Nurse-Family Partnership) Huffington Post, March 14, 2011
(Citizen Schools) NBC Nightly News, October 15, 2010