The Z. Smith Reynolds Foundation in Winston-Salem, North Carolina, has announced that it will forgo its fall 2004 grant cycle, the Triangle Business Journal reports.
According to Reynolds Foundation executive director Thomas W. Ross, the board of trustees has decided to award grants only in the spring in order to to give it and the staff time to assess the needs and challenges of the state.
"The mission of the Z. Smith Reynolds Foundation is to improve the quality of life of the people of North Carolina," said Ross. "To meet this mission, it is important for the foundation to be as knowledgeable as it can be about the needs of the state and her people."
The foundation focuses its grantmaking on community building and economic development; the environment; governance, public policy, and civic engagement; pre-collegiate education; and social justice.