We believe in living by the Golden Rule, “to do unto others as you would have done unto you”. Following this principle, we wish to share the blessings which have been bestowed upon us by supporting those who are making a difference in peoples’ lives.
Stephen and Lynne Barney
The Barney Family Foundation, a supporting organization as described in Section 509(a)(3) of the Internal Revenue Code, actively supports a specific group of charitable organizations named in its governing instrument. The Barney Family Foundation seeks to support worthy causes in the wider community through the “Barney Family Fund,” a donor advised fund created by the Chicago Community Trust to accept grants from the Barney Family Foundation. Trustees of the Barney Family Foundation serve as Advisors to the Barney Family Fund, recommending worthy charitable beneficiaries for Barney Family Fund disbursements. Although the Chicago Community Trust is in no manner obligated to follow the recommendations of its fund advisors, the Barney Family Foundation Trustees strive to provide a thorough profile of each charitable organization they recommend in order to assist the Chicago Community Trust in making well-informed grant decisions.
The Barney Family Foundation has established few guidelines narrowing the range of projects it will consider recommending to Barney Family Fund grants beyond those articulated in the Foundation’s charter, which generally provides that the Foundation should operate for educational, charitable & scientific purposes and to prevent cruelty to children.
Please note that the Foundation does not make grants to individuals. All applicants must furnish evidence of federal tax exemption issued by the Internal Revenue Service under Section 501(c)(3) of the Internal Revenue Code. Organizations devoting a significant portion of their activities in attempting to influence legislation or participating in political campaigns on behalf of candidates for public office are ineligible. No grants are made to governmental bodies or tax-supported institutions for services that fall within their normal responsibilities.
Since the Foundation does not have a small grants committee, it has adopted a policy of making and recommending grants in amounts greater than one thousand dollars. The Foundation makes annual grants and grant recommendations only; a grant made in one year does not imply that the recipient will have preferential status for funding in future years.
Grant applications submitted from October 1 through September 30 of the following year will be considered for funding in the first quarter of the subsequent year. For example, an application submitted in the summer of 2001 will be reviewed in the fourth quarter of 2001 and, if approved, shall be funded in the first quarter of 2002. Organizations are encouraged to submit applications at their earliest opportunity so that ample time is available for review. Grants made from the Barney Family Fund are subject to the policies and discretion of the Chicago Community Trust. All correspondence received by the Foundation will be acknowledged.