This financial summary presents the unaudited combined financial reports from the three legal Keystone entities for the financial year to 31 March 2009. For the most recent audited financial reports of the individual agencies, please see:
The nature of Keystone’s mission is such that we can only succeed if we build strong relationships and networks of shared purpose and values. As can be seen from the lists below, there is a significant amount of overlap between our funders, co-implementers and clients. We recognize our diverse partnership roles as a strategic asset that enables us to mediate between the frequently divergent perspectives (but not interests!) of those who give and those who receive funding.
Metanoia is one of only three foundations that have provided general support grants to Keystone. Unlike the others, Hewlett and Omidyar, Metanoia is not a professionally staffed foundation with a programmatic interest in strengthening philanthropy and impact systems. It is a family foundation led by a visionary philanthropist, Ralph Taylor, and currently grants approximately $300,000 per year (more in the past).
Taylor and Metanoia punch well above their weight. In the past few years, Taylor has been either the first funder or a very early catalytic investor for Root Capital, Greenhouse Gas Protocol Initiative, Global Reporting Initiative and Access Initiative. Each of these has grown from promising idea to significant global actors in their areas of work.
Metanoia is the Greek word for repentance, specifically the change of mind that is brought about through repentance. Ralph Taylor, a graduate of the Harvard Divinity School, has his own definition. “Metanoia is about knowing how much you are loved and how far you have to go to do justice to that love.”
It is not hard to trace this understanding through Metanoia grants. All of the organizations listed above create new ways for people to come together across the barriers of mind and institution and circumstance and power that ordinarily divide them, to see the world together in a new way. Keystone is simultaneously humbled and inspired to be welcomed into the Metanoia family.