POLICIES FOR GRANTS
Grants are made by approval of the Board of Directors, which meets quarterly to consider the recommendations of the Grant Committee.
A Grant may be awarded as matching funds. The Board may also award a grant on a challenge basis, if it appears that such an award would assist an organization in raising other funds.
˜FUNDING RESTRICTIONS˜
Grants are limited to qualified non-profit organizations located in, or directly serving health-related needs of the residents of the former Bethesda hospital operating area.
The Foundation does not make grants to individuals, or organizations for religious or political purposes. It generally does not contribute to endowment funds, or to help offset operating deficits. It does not generally give to annual operating campaigns of local chapters of national organizations.
˜AREA OF INTEREST˜
The Bethesda Foundation focuses on and is limited to health related service in the greater Hornell, New York area. The Foundation will consider proposals for unrestricted operating support, but generally awards such grants on a one-time basis.
The Foundation will consider proposals for capital needs or for special projects. The Foundation is particularly interested in assisting programs meeting an urgent community health related need, not necessarily duplicating the work of other programs, and which have explored alternative funding sources.
˜APPLICATION REQUIREMENTS˜
The Foundation will provide assistance to qualified organizations in the preparation of grant proposals. Proposals should include the following information about the applying organization, the project, and the finances for the project.
APPLYING ORGANIZATION
Copy of certificate from The Internal Revenue Service recognizing charitable tax exempt status
Copy of most recent audited financial statements
Copy of budget for current fiscal year
Current list of Boards of Directors and/or Advisory Board, showing affiliations of members
Copy of most recent annual report
PROJECT
Brief narrative explaining need met by project, plans for carrying it out, and how success will be measured.
Job description and qualifications for personnel responsible for project
FINANCES FOR PROJECT
Copy of budget for project, showing breakdown of expenses, as well as both earned and contributed income
List of all sources from whom funds have been or will be sought for this project, and their responses to date
NOTE: If applying for operating and project support, an organization should be able to demonstrate the probability of future ongoing funding from other sources to replace whatever funding the Foundation might provide in the current year.
OTHER
• Summary sheet (form available from Foundation office)
• Accountability information will be required
• Additional information as requested