First grants of 2017 mark major investments in key partnerships.
Final grants of the year bring 2016 total to an all-time high of $73.5 million.
With these third-quarter grants, Barr has awarded $45 million to date in 2016, anticipating $70 million in approvals by year-end.
New and longtime partnerships advance new strategic priorities and regional focus.
These represent Barr’s first grants awarded in 2016 aligned with new strategic priorities.
Jim Canales reports on the Barr Foundation’s final grants awarded in 2015 and an increased grants budget for 2016.
At their September 2015 board meeting, Barr’s trustees approved 16 grants totaling $6.5 million.
At their June 2015 board meeting, Barr’s trustees approved 33 grants totaling $10 million.
Barr’s trustees award 39 grants totaling $9.9 million at their first quarterly meeting of 2015.