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Learn about grant opportunities in Roanoke Valley through The Philanthropy Project. Find out eligibility criteria, application process, and funding priorities. Apply online for Phase I and II grants.
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Grants Seminar November 2, 2011
Service Area • Alleghany County • Botetourt County • City of Salem • Craig County • Franklin County • Roanoke City • Roanoke County
The Philanthropy Project2012 YLC Grant Cycle • Each year, the YLC determine its funding priorities through group discussion and research • Typically five priorities are selected for its respective grant cycle • Example funding priorities: • Environment • Homelessness • Medical or Dental Care for Underprivileged or Underserved Individuals • Programs Addressing Substance Abuse • Programs Addressing Teen Pregnancy • Transportation for Elderly and/or Disabled Individuals
The Philanthropy ProjectPhase I • Once funding priorities are selected, the YLC requests Phase I Applications (Typically in December) • You must apply using the online application located on the Foundation’s website (Typical deadline in mid-January) • Eligibility Criteria: • You must be a qualified, tax-exempt agency serving: • Roanoke City • City of Salem • Botetourt County • Craig County • Roanoke County • Franklin County • Project MUST meet one or more of the funding priorities • The YLC will review all Phase I Applications • Organizations who have been accepted will be invited by email to submit a Phase II Application (Typically in February)
The Philanthropy ProjectPhase II • TPP Phase II Applications must be completed using an online application. (Typical deadline in mid-March) • Additional Required Documents: • Project Budget • List of Board of Directors • Current Annual Budget • Most recent 990 or 990-N and statement of current financial condition • The YLC will review all Phase II Applications and determine which agencies will be visited and/or interviewed (Typically in April-May) • May involve weekend site visits • Final grants decisions must be approved by the Foundation’s Board (Typically in June) • Grant recipients may be recognized by YLC at the Foundation’s Annual Celebration (November)
Letter of Intent (LOI) • LOI process began in 2007. • Our goals: • Determine funding priorities of the Foundation using the Board of Governors • Create a simple process for nonprofit organizations • Bring potential grant opportunities to its attention • The Foundation’s Board determined the following funding priority areas: • Basic Human Needs • Economic Development • Education
Letter of Intent (LOI)Phase I • Agencies may submit LOIs anytime during the year (only one active LOI at a time) • You must apply using the online application located on the Foundation’s website • Eligibility Criteria: • You must be a qualified, tax-exempt agency serving: • Roanoke City • City of Salem • Alleghany County • Botetourt County • Craig County • Franklin County • Roanoke County • Project MUST meet one or more of the funding priorities • Foundation staff will review all LOI Phase I Applications for further consideration
Letter of Intent (LOI)Phase II • If your LOI Phase I Application is approved, staff will notify the organization via email and ask to complete a Phase II Application • The email will include: • Phase II deadline (typically one month after receiving notification) • Application instructions • Additional Required Documents: • Project Budget • List of Board of Directors • Current Annual Budget • Most recent 990 or 990-N and statement of current financial condition
Letter of Intent (LOI)Phase II • Follow-up phone interviews and/or site visits may be conducted to learn more about the project • Phase II Applications are shared with the Foundation’s Community Programming Committee (CPC) for final decisions • CPC typically meets 6-7 times a year • CPC may request more information • How long does this process take? 2-6 months
Roanoke Women’s FoundationA Fund of Foundation for Roanoke Valley • Established in 2004 to allow women to become leaders in the field of philanthropy. • Open to any woman of any income level who makes the commitment to support RWF for 3 years at a level of $2,100 per year. • Funding Priorities include: • Arts and Culture • Health and Human Services • Educational Programs • Environmental Programs
Roanoke Women’s FoundationA Fund of Foundation for Roanoke ValleyPhase I • Geographical Areas: Cities of Roanoke and Salem, Roanoke County, Botetourt County, Craig County, Smith Mt. Lake Region and the New River Valley • RWF requests Phase I Applications (Typically March) • Minimum grant request- $30,000 • You must apply using the online application located on the Foundation’s website (Phase I Application due date - TBD)
Roanoke Women’s FoundationA Fund of Foundation for Roanoke ValleyPhase II • Organizations whose Phase I Applications have been approved will be invited by email to submit a Phase II Application (Phase II Application due date - TBD) • Site Visits may be conducted. • RWF’s Grants Committee selects those applications to appear on ballot. • Ballot is then sent to all members for voting. • One woman=one vote. • If awarded a grant, you must wait three years before applying again. • Resource: www.roanokewomensfoundation.org
Winter Grants CycleDecember – February • The Spetzler Fund • Addresses the broad needs of educational, child welfare and social opportunity programs. • Geographical Areas: Cities of Roanoke and Salem and Roanoke County • Typical Grant Size: $2,000-$5,000 • Katherine Nelson Fishburn Foundation Fund • Provides support to cultural, educational and social service programs. • Geographical Areas: Cities of Roanoke and Salem, Roanoke County, Botetourt County, and Craig County • Typical Grant Size: $1,000-$3,000 • The Roanoke Valley Children’s Fund • Addresses the broad needs of children from prenatal care until their sixth birthday. • Geographical Areas: Cities of Roanoke and Salem and Roanoke County • Typical Grant Size: $3,000-$6,000
Summer Grants CycleJune – August • Larry Woodrow Vest Fund • Provides support to charitable organizations serving Floyd County residents. • Geographical Areas: Floyd County • Typical Grant Size: $3,000-$20,000 • Frances Parker Rupert Memorial Fund for Music and the Performing Arts • Supports a wide range of qualified charitable organizations which work in the fields of music and/or the performing arts. • Geographical Areas: Alleghany County, Bath County, Covington and Clifton Forge • Typical Grant Size: $500-$1,000
Grants Cycle Application Process • You must apply using the online application located on the Foundation’s website. • Applications must be received by the deadline. • Additional documents required: • List of Board of Directors • Most recent 990 or 990-N and statement of current financial condition • Project Budget • Current Annual Budget • Once deadline has passed, applications are distributed to the appropriate committees for review. • Decisions are typically made within two months after the deadline. • Winter Grants Cycle – March-April • Summer Grants Cycle – September-October
10. Withdrawing an application without telling the Foundation.
4. Waiting until the last minute to complete your application!
