Recently, VPF members elected the environment as the topic we will focus on in 2008 – meaning that our Grants Committee team is currently hard at work developing an RFP to actively seek out New York City’s most innovative, emerging social entrepreneurs that are tackling local environmental issues.

Appropriately, I had a discussion this morning with the Advisory Council about how we can best frame the environmental topic and differentiate ourselves from all the other funders focusing on the exact same thing. I was worried that we would be buried beneath the deluge of money currently being invested into environmental organizations and related projects. I envisioned two months of waiting for our first grant application going by with no biters because of massive wealth to be found elsewhere.

Then, to my utter surprise, I learned that though the environment is showing the largest gains in funding, it still is one of the least funded subject areas overall. For instance, in 2005 education ranked first (of 10 categories) in share of grant dollars claiming 24% of the funding, while the environment ranked sixth and gathered only 6%. Even when looking at the number of total grants given, the environment still came in sixth place (of 10), claiming only  8,195 grants from a total of 130,961 given in 2005. (Click here to see a full report from the Foundation Center 2007 Giving Trends report).

It’s a disappointment to learn this on Earth Day, of all days. But it provides more fuel for the engine – environmentally-friendly, non-polluting, fuel that is.

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