July 30, 2015
In 2009, when the board and staff of the Paul Rapoport Foundation decided to spend out in five years, we focused initially on conveying our decision to our grantees with total transparency. We then worked to develop effective guidelines, assist applicants in creating strong grant proposals, and help grantees develop viable exit strategies once our final multiyear grants had concluded. We were so focused on these activities that we were all taken by surprise when we realized it was 2014 and our grantmaking was at an end. After twenty-seven years of supporting all the major organizations in New York's lesbian, gay, transgender and bisexual (LGTB) communities — providing start-up funding to many, ongoing general operating support to many more, and essential infrastructure development in our final spend-out period — the actual closing date was upon us.
Throughout the preceding decades the foundation's board and staff had engaged a number of excellent organizational consultants to help us with strategic planning, including during our final spend-out phase. When they realized our closing was imminent, all of them — either formally or informally — reached out and urged us to plan for some sort of closure, not just for board and staff but for our grantees as well. So while we had had the idea in the back of our minds during the spend-out process, holding a final event for the community suddenly became vitally important to us as a way to deal with the sad realities of closing.