The Norman Foundation undergoes major restructuring, including a generational transfer of leadership and a transfer of assets to affiliated family funds.
After years of discussions about personal and general philanthropy, Norman members from G3 and G4 acknowledged that their interests in what types of organizations to fund varied greatly, prompting the development of a structure that would allow family members to pursue their individual philanthropic interests while keeping the Norman Foundation on course. The following took place in 2000:
- All G3 officers stepped down from the board to pass the torch to G4, who become Board Members and officers.
- In the foundations second carve-out, about 36% of Norman’s assets were transferred to the five affiliated family funds — Emsa, Hickrill, Lassalle, Lubo, and Normandie — which reduced the foundation’s grantmaking budget and prompted the Grants Committee to limit its focus to three program areas: environmental justice, economic justice, and civil rights, the latter pursued through the lens of educational equity and criminal justice reform. Grants to support immigrant rights and reproductive justice were discontinued.
- New by-laws were approved that:
- Established a donor-advised share structure for G4 descendants of Aaron Norman, who were considered Members and Directors. Members could designate how much of their annual share to allocate to Norman’s general fund and their own donor-advised fund.
- Required G4 Members to allocate at least 51% of their annual share to the general fund to be on the Grants Committee.
- Designated G5 descendants of Aaron Norman as Non-Voting Members, upon election by the Board of Directors after their 18th birthday.
- The Foundation paused grantmaking for the year to develop new grant guidelines and internal policies.