Announcing the release of the Legacy Report of The Lia Fund, a small private foundation which recently closed its doors after six years of making grants to social-change organizations.
Our Foundation made grants in the areas of Climate Solutions, Community Arts, and Holistic Health & Healing. What began as a selected group of activist Advisors and Board of Directors grew into a foundation that strategically awarded $5 million in grants to 107 organizations, in ways that are considered cutting edge in the field of progressive philanthropy. In recognition of the great need for resources to support grassroots organizations, especially in the face of the 2008 recession, the Foundation decided to spend down its total assets, making its last grants in 2013.
In the Legacy Report, author Karen Payne chronicles the formation of the Foundation, the journey taken by the Board of Directors and Advisors named by the Foundation’s benefactor, Randy Lia Weil, and the lessons learned during six years of social-justice grant-making. Our Legacy Report delves into how we reached such major decisions as sun-setting the Foundation, making multi-year general-support grants, integrating the activist Advisors into the grant-making process, and developing trusting relationships with our grantees.