Weinberg Foundation Employees Give Away $660,000 in Grants
The Harry and Jeanette Weinberg Foundation, one of the 50 largest private charitable foundations in the United States, hosted its 12th Employee Giving Program Tuesday as employees gave grant recommendations to give $20,000 to 33 Baltimore-area nonprofits.
Started in the foundation’s Hawaii office more than 20 years ago, the foundation will give more than $125 million in grants this year to nonprofits dedicated to meeting the basic needs of vulnerable individuals and families experiencing poverty. Grants focus on supporting organizations in the areas of housing, health, jobs, education and community services.
Each employee handles every step of the grant recommendation. This includes selection of the grantee, a site visit, collection and review of financials and preparation of the final grant recommendation. The foundation’s president and CEO reviews each recommendation to ensure that the grant is consistent with Foundation grantmaking goals and guidelines and shares the summary list with the foundation’s board of directors for formal approval.
Source: The Daily Record