Grantmaking Integrity

As a grantmaking foundation, Piper Trust’s inherent responsibility is to ensure that grant requests are handled carefully and objectively and that decisions are made solely on the strength of each project. Policies underscore the importance of internal independent evaluation, and it is the responsibility of the Board of Trustees and staff to ensure that all actions reinforce the integrity of the grantmaking process.

The Board of Trustees does not meet with the applicants personally to discuss proposed projects. A Conflict of Interest Policy, updated annually and on record in the Trust offices, defines the relationships for both trustees and staff that could potentially raise questions about grantmaking objectivity. In case of a potential conflict, a trustee does not participate in the discussion or final vote on a pending grant.

Stewardship

Each trustee and staff member has the privilege and responsibility to serve as a steward of the Trust by assuring adherence to its mission, vision and values. As stewards, they assume a duty to be familiar with the laws, rules and regulations pertaining to their positions. Each is responsible for carrying out assigned duties in accordance with all policies, rules and regulations. Potential grantees, members of nonprofit organizations and others interacting with the Trust are treated with respect and dignity at all times.

Confidentiality

Information about potential grantees, vendors or investments is privileged and will not be shared outside the Trust. However, the judicious sharing of information about grant proposals or nonprofit organizations with other funders, or in collaborative efforts, may be necessary when staff is engaged in the due-diligence process. These restrictions, though, do not prohibit the sharing of financial information with auditors, attorneys, consultants, investment managers or professional colleagues, nor do they prohibit participating in surveys designed to benefit the philanthropic community.