In 2016, the Center for Disaster Philanthropy publicly launched the Gulf Coast Resilience Innovation Fund (GCRIF).
The purpose of the GCRIF is to identify best practices, lessons learned, and innovative experiments from the Gulf Coast that can be replicated in other areas of the world. At the same time, the Fund wishes to identify innovations elsewhere that can be applied with Gulf Coast communities.
The Fund was inaugurated with a $200,000 lead gift from the Irene W. and C.B. Pennington Foundation in honor of the tenth anniversary of Katrina and the many donors who contributed over time to the recovery of the Gulf. As a result of scores of natural disasters, culminating in Hurricane Katrina in 2005, Gulf Coast communities have learned how to be resourceful, innovative, and resilient in planning and responding to natural disasters. The gift is an outgrowth of the experiences of the Pennington Disaster Resilience Fund, which was the first proactive grantmaking fund that created and funded solution-based programs throughout the entire life cycle of a disaster, and is meant to encourage other foundations to contribute to this Fund.
The Fund will be administered by the Center for Disaster Philanthropy and can be considered simultaneously a field of interest and donor-advised fund, depending on collective donor interest. A fee of 5 percent will be charged to cover the costs of research, due diligence, disbursement, and management of grants.
Contributors to the Fund will be permitted to restrict the uses of their gift. For more information or for additional assistance, please contact:
Robert G. Ottenhoff
President & CEO
Lori J. Bertman
President and CEO, Pennington Family Foundation
Co-founder and Board Chair, Center for Disaster Philanthropy