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The past year and a half has proven trying for nonprofits and foundations alike across the nation. At Hutton Foundation, even during these difficult times, we have capitalized on opportunities by purchasing additional office buildings to house an increasing number of local nonprofits at below market rental rates thereby insuring greater financial stability and sustainability for the sector. This strategy has impacted our ability to reinstate our Standard Grant Program as intended. However, our commitment to assisting nonprofits throughout Santa Barbara County remains unwavering and strong.
For the year 2010, Hutton Foundation will continue to fund according to policies and procedures adopted in 2009. We will award limited funds for targeted general operating support focused on transition and strategic sustainability programs. Access to these funds is available through submission of an initial Letter of Inquiry (LOI). Upon approval of an LOI, applicants will be invited to submit a formal request for funding using the Common Grant Application. Unsolicited requests will not be considered. LOIs will be evaluated on an on-going basis.
Hutton Foundation will also be contributing funds to emerging collaborative funder initiative programs. Procedures and policies related to the award and distribution of these funds will be available sometime during the 1st quarter 2010.
Please feel free to contact Hutton Foundation with any questions regarding this notice.
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