2023 reflections and learnings
In 2023, we returned to our regular budget practices after the 2020-2022 budget years in which we significantly ramped up our responsive grantmaking related to the pandemic. At the same time, we began a two-year project of increasing grant amounts across our portfolio as many partners faced declining public and private sources of funding while rising costs from inflation challenged organizations and households alike. The average grant amount across our portfolio rose even as the number of grants returned to pre-pandemic levels.
