Principles for Minnesota Grantmakers:

As a member of the Minnesota Council on Foundations we recognize that we play an important role in our communities; that our role is sustained by the public trust; and that certain obligations follow from that trust. We are committed to basing our work on principles that reflect those obligations. As a member of the Minnesota Council on Foundations:

1. We deal respectfully with applicants, grantees and donors, as well as those simply seeking information about our programs.

2. We are accessible and respond clearly, promptly, and as fairly as possible to requests for information and meetings.

3. We make readily available basic information about our programs, funding priorities, and application requirements.

4. We respect the confidentiality of applicants, grantees and donors and use discretion in communicating with others about specific organizations and individuals.

5. We are thoughtful and purposeful in our grantmaking and periodically review and evaluate our mission, priorities, policies, and practices.

6.We recognize the increasing cultural diversity of the communities we serve and within the limits of our charter seek to reflect our diversity in their grantmaking and in the membership of our boards and/or among our staffs or advisors.

7. We adhere to the highest standards of ethical behavior and maintain an appropriate conflict of interest policy for staff and board members.

8. We are aware of and fulfill our fiduciary and legal responsibilities.