Guidelines for Submission of Grant Proposals
The
Aldridge Foundation (TMKAF) will entertain grant proposals
from Organizations that have been awarded the 501(c)(3)
designation by the Internal Revenue Service.
It
will be the responsibility of any organization that receives
a grant to assure compliance with all Federal and State
rulings dealing with non-discrimination, equal opportunity,
fairness and safety.
The
Aldridge Foundation (TMKAF) will give priority to proposals
requesting funds to match funds raised by the agency,
either through its own efforts or from another grantor.
Grants
are normally for one year only. Continuing programs must
be justified annually.
The
Aldridge Foundation (TMKAF) will accept the furnishing
of administrative services as an in-kind march of funds
granted, but will not grant funds for administrative services
nor to pay for grant preparation.
Innovative
programs that address common problems, show creativity,
and that may be replicated in other venues are of particular
interest.
Some
programs may be partially funded.
At
this time, the Aldridge Foundation (TMKAF) will not entertain
any proposal for facility construction or repair, debt
retirement or endowment, or daily operations.
Procedures
for Submission of Proposals
The
Aldridge Foundation (TMKAF) operates on a July 01 - June
30 fiscal year. Agencies requesting a grant should submit
a concept letter in duplicate no later than April 30.
This concept letter of two typewritten pages or
less must include:
· Verification of 501 (c) (3) status
· Purpose and goals
· Number of persons to benefit
· Name and qualifications of person(s) responsible
· Amount requested to fund program
· Matching funds and their source
· A program evaluation guideline
This concept letter will be assigned to an Advisory Director
for evaluation. If it is deemed to be of interest to The
Aldridge Foundation (TMKAF), the requesting agency will
be invited to submit a detailed proposal, which must include:
· An itemized budget
· Staff required and qualifications
· Name and position of fiduciary agent
· Agency who will account for expenditure
of funds
· Format for final report to include how
funds were spent and an evaluation of goal achievement
The detailed proposal should be submitted in eight (8)
copies, single spaced, unbound, stapled and printed on
one side only of white 8 1/2 X 11 paper (excluding the
IRS letter and audit/financial papers).
Detailed
Proposals must be postmarked no later than June 01 to
be considered at the July meeting. Generally, the concept
letter should be submitted at least 90 days prior to anticipated
start date of the program.
Organizations
receiving grants will be notified within 30 days after
board approval.
Post-Grant
Requirements
Once
a grant has been awarded by the Foundation, the recipient
must sign an agreement that outlines the work to be accomplished
and the terms or conditions of the award.
The grant recipient may be asked to make interim reports
to the Foundation on the project's progress.
At
the end of the grant period, the recipient must supply
the Foundation with a final evaluation report that includes
information on the completion of the project and how funds
were spent.