The Foundation awards grants and supports programs for charitable purposes primarily in Yellow Springs, Ohio, St. Cloud, Minnesota, and their immediate vicinity.
The Foundation awards approximately $2 million in grants each year. The Foundation’s first grants in fiscal 2005 were initiated by board members themselves and are not typical of subsequent grants. The circle is gradually widening to accept proposals from a broader range of nonprofit applicants. The board’s intent is that each geographic target area of St. Cloud and Yellow Springs will benefit in roughly equal proportions for most years.
The Foundation typically receives requests for two to three times the amount of money available for grants. Most grant awards are in the $10,000-$100,000 range. Over the Foundation’s brief history, the average grant amount has generally been decreasing over the years.