Board Discretionary Grants (Hill-Snowdon Foundation, 2023)
Each trustee (Family and Community) has a designated amount ($10,000 per year) for awarding discretionary grants. For each year’s round of grantmaking, trustees have until the end of February of the following year to forward their grant recommendations for that year. Trustees are authorized to roll over their discretionary balance once into the next fiscal year; at the end of that fiscal year any unspent funds are returned to the general fund. Emeritus Trustees are not eligible for board discretionary grantmaking.