WACHOVIA REGIONAL FOUNDATION'S GUIDING PRINCIPLES FOR GRANTMAKING

To maximize its impact, the Foundation bases its grantmaking decisions on seven guiding principles.  To be funded by the Foundation, a project must be:

• Compelling – projects that are innovative, support residents of a neighborhood, and demonstrate the potential for significant lasting impact in a specific neighborhood.
• Comprehensive – projects that provide – or partner with other organizations to provide – services that address multiple needs in the neighborhood.
• Accountable – projects that can be evaluated with measurable outcomes.
• Collaborative – projects that make linkages in the neighborhood and partner strategically with other non-profits, schools, government agencies, local institutions, and public and private entities.
• Sustainable – projects that focus on causes rather than symptoms and demonstrate a sustainability plan including strong leadership, capable management and public and private resources.
• Replicable – projects that create prototypes that can be replicated in other low-income communities.
• Inclusive – projects that help build communities and support resident empowerment by cultivating local leadership and developing program strategies that organize and energize neighborhood residents to participate in the planning and to direct the change.

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