The Michael Paul Wein Charitable Foundation
"Underpromise and Overdeliver"
The Foundation is frequently asked why must we give you all of this information? This is a lot of work for us and we have never had to do this before. Why now? For this question, there are many, many, many reasons and we will attempt, below, to give you as many as we can think of. If you believe that these reasons do not apply to you, we thank you for your time and we can both move on in other directions.
In no special order, these are our reasons. Because:
Most importantly, this is the beginning of a process wherein we hope to get to know your organization. We have pledged to have a minimum of us$2,500,000 (and will probably have even more) in our endowment and we hope that you share in the (forever) annual grants that come from that endowment. It would be foolish, no, actually stupid, for us to just hand out money without having some controls over how it is granted, how it is used by the grantee organizations, and what their plans for future use might be. In this process, you will find that the input to us from you gets easier as the years go on and at the same time the grants from us to you get larger and larger.
We have asked for nothing that we do not (with even more limited personnel than you have) do ourselves. We have instituted controls so that even with the death of our founder, this Foundation will continue and all grantees and our own trustees will work under self-perpetuating controls that guarantee that we will do what we promise to do on this web-site.
What we ask for in the preceding paragraphs is called accountability. Accountability is the key ingredient of TRUST. We are accountable to all of our own constituents (including you and your organization) no less than that we require you to be accountable to all of your constituents (including, but not limited to, us).
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