PCLB makes grants in five program areas:
Our choice of work in these program areas is guided by a desire for strategic and systemic change, by our founders’ intent, by our Board members’ interests, and by our staff’s expertise.
Within these program areas, we seek to support the highest-quality, most effective organizations that align with our broad mission of giving motivated people the tools they need to help themselves and that align with our more specific program area goals. Broadly, we provide the following types of financial support:
- General Operating: PCLB prefers to make general operating grants, to give our grantees the greatest ability to do the work they know is most important to meet our shared goals. Generally, we have general operating relationships with organizations that last for an extended period, recognizing that many of the issues on which we work take time to address.
- Restricted Support: PCLB also makes restricted grants, often to focus on areas of particular geographic interest or to support a specific department or area of work within an organization that has a broad scope.
- Big Bets: Philanthropy is uniquely positioned to take risks and try big things. In this spirit, PCLB makes a limited number of grants to fund especially large, time-limited projects that have the potential to change narratives around and trajectories of grantees’ work.
- Program-Related Investments: PCLB makes Program-Related Investments (PRIs) in the form of low-interest loans. PRIs are offered to current PCLB grantees to complete land conservation projects and to meet the facility needs of charter schools. Loans are evaluated on a case-by-case basis, within guidelines established by the Foundation.