the m p w c Foundation, inc.
UNDERPROMISE and OVERDELIVER
What is our timetable (our normal calendar)?
Calendar of normal events at (approximate) expected dates during our fiscal year which begins on July 1 and ends June 30th, each year (please note that effective as of December 31, 2008, we no longer accept grant requests from new potential grantees):
Be sure that you read and understand and consider the implications for your organization of the new fact that we are going to dissolve this Foundation a short time after the Founder's death, whether or not you have met all of our requirements WELL BEFORE his death. Your share of the endowment will be decided by him before he dies AND it will be based upon your cumulative input year after year. You have been provided guidance on this in the table at the top of subsequent changes and the latest update "results" of our reviews of each organization are disclosed on the allocations webpage.
(A) although each of these "due dates" are critically important for all grantees to meet (because, if we DO NOT receive all input from ALL grantees at the SAME TIME, we are forced to review the ones that do not meet our deadlines out of our normal efficiency zone for review. That costs us time that we can not spare AND it costs the grantee a tougher and more critical review (so, you, too, lose by your laxity). Too many times, it is apparent that the work itself was done at the last minute and this, too, will require more additional work by the grantee AS our review will again be tougher. The correct and proper method in every case is to make sure that your work is documented in a written procedure (THAT is part of continuity!!!!!!!) and updated and amended each year for changes that are either new or recently thought about. What this really suggests is that all work should be started way in advance, not at the last minute. Each "due (date)" has many parts, some of which can be done well before the due date. We strongly suggest that ignoring these principles will COST you more than it costs us. Ignore it at your own future risk.
Oh, yes, one more thing. We have asked repeatedly for questions (submitted well before December 31st each year) from you whenever you do not understand something. Those who do not ask, now five or more years into the program, have no excuses for not complying completely with our requirements.
“Underpromise and Overdeliver”
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