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.