The foundation is established as a 501(c)3 non-stock corporation in the Commonwealth of Virginia to offer competitive grants to organizations and individuals to effect improvements in music (see Foundation by-laws for more information). Pete’s primary interest was creating greater access to those with a passion for music.
The Foundation’s primary interests are:
Projects that foster creative expression in any musical form (including composition and instrumentation), by individuals with a passion for music and who lack the means to advance their competencies.
Education, which may include the provision of instruments, materials, recording space and instruction. There is no age limitation on those who may be considered for funding.
Grants range in size from $100 to $5,000 are made on a one-time basis, and are non-transferable and non-renewable.
Grants are made to individuals, schools and organizations. If the award is to an organization, it must be registered as a 501(c) (3) nonprofit entity with the IRS. We do not fund research, fundraising, or operating costs of organizations.
Applicants must live in the United States – we do not fund organizations or individuals from outside the United States.
BOARD OF DIRECTORS
Members of the Board of Directors of the Foundation are the only individuals to make funding decisions and speak for the Foundation. There are no paid staff. Board members are not paid for any of their work for the Foundation. They do not receive any funds from the Foundation.
Current Board members are:
President – Katherine Wellford Durand
Vice President – Peter Rowland Durand
Secretary – Katherine Patricia Wellford
Treasurer – Charles Franklin Wellford
Director of Media Relations – Dylan Martinez
Directors will select additional directors as needed. The Board is self-perpetuating.