After 2020, a year full of events and change for the Foundation, 2021 was much more subdued and reflective of more normal operation. Still, effects of the Covid pandemic had some impact, but we were able to carry on without any significant impairment to our basic operations. We were also able to spend time in the field and had as many in-person meetings we could with our grantee partners.
We are also happy to report that for the second year in a row, we ended the year at our highest asset level yet, $46.5 million. This portfolio performance allowed us to also fund our highest grant budget yet of $1.5 million. Details on our grant spending are included here on this site. While still early in the year, we do anticipate maintaining the same grant spend level in 2022.
We have started the process of incorporating a Program Advisory Panel (PAP) into our Program area stewardship. Over time, we expect this PAP to help provide depth and added strategic thinking to our program work. Our initial members to this PAP are great grandsons of our Foundation’s founder, Del S. Harder, and both have followed our work and orientation for many years. We welcome them to this role and are excited that they will work more closely with our staff. More background information on each is under the Staff section of the site.
Key highlights from 2021 include:
· Highest year-end portfolio value in our history — $46.5 million
· Largest annual grant budget in our history — $1.5 million
· Cathy Lehman’s first full year on staff as our Senior Program Officer
· Commencement of our Program Advisory Panel
In closing, and as always, would like to express our thanks and continued gratefulness to all our grantees and the incredible work they perform each day in trying to make the world a better place.