The Funding Exchange has 15 member foundations, all supporting grassroots organizing for social and economic change. Do they function independently?
The 15 member funds have their own grant-making programs and priorities, which are local or regional in scope. They are autonomous, with their own offices, boards, and guidelines. They share the endowment fund and do additional fund-raising independently, with budgets varying considerably, and grant-making from approximately $200,000 up to over a $1M a year.