The goal of an endowment grant is to promote viable endowments, with healthy board participation. The Gilchrist Foundation strives to be a significant contributor to the endowment, without becoming the main supporter of the endowment. Challenges which offer Foundation funds as matches to other funds receive preference.
Over the years, the Gilchrist Foundation has made about 55% of its total grants to endowment and capital campaigns. The Foundation also has a pattern of awarding about 45% of its total grants to the Arts, including not only the fine arts, but also cultural and historical groups