GRANTING HISTORY
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STATISTICS 1985 - 2019
2019 GRANT FUNDING STATISTICS
NUMBER OF GRANTS AWARDED: 81 AMOUNT AWARDED: $459,321 2019 CINNABAR GRANTEES |
3 In 1983, Len Sargent incorporated the Cinnabar Foundation, intending it to be an organization-in-waiting, one that his estate would someday endow with the proceeds from the eventual sale of his ranch. Until then, Len figured he would continue donating to his favorite nonprofits on a personal basis. In 1985, the three-person board of directors, Len, Phil Tawney, and Jim Posewitz, met to decide upon the Foundation's first grants. The whole process revolved around three days of elk hunting and an hour or two of Foundation business. In the end, the board made two grants, totaling $1,123.
The next year, Jim remembers how “Len told us that he had put a substantial amount of money into the Foundation since he saw no reason for us to have all the fun after he was gone.” The Cinnabar Foundation’s capacity continues to grow through wise investing and the infusion of donations from many others who share the Sargents' environmental values and understand the need for a Foundation dedicated to supporting conservation in Montana and the Greater Yellowstone Ecosystem. In 2019, the Cinnabar Foundation reviewed 91 applications during its competitive Challenge Grant cycle and awarded $390,000 in matching grants to 66 environmental organizations and projects focused on Montana and the Greater Yellowstone Ecosystem — 31 General Operating Grants ($223,000) and 35 Special Project Grants ($167,000). Additionally, the Foundation awarded 1 Tawney Opportunity Grant ($5,000), 7 Sargent Legacy Grants ($14,000), 3 Sargent Stewardship Award grants ($5,000), 1 Posewitz Professional Conservationist Award grant ($5,000), and 3 Program Initiative grants ($40,321) for a grand total of 81 grants amounting to $459,321. |