Grant Application
Home
About Us
Community
Scholarships
Recent News
Funds
Donations
Donors
Grants
Grant Application
Education Recognition Banquet
Financial Report
Contact Us
Download this page by clicking here:Click here.
 
Allegany County Area Foundation
Grant Application
 
 
 
General Information
 
Name of Organization______________________________________________________
 
Address:________________________________________________________________
 
Telephone:________________Fax:________________Email:______________________
 
Federal Tax Exemption I.D. #_______________________________________
 
Name of Person(s) to contact regarding this application:___________________________
 
Brief of Application
 
Title of Program or Project:_________________________________________________
 
Amount being requested from ACAF:______________________
 
Projected starting date:____________________Completion date:___________________
 
Budget
 
In the space below or an attachment, please provide a budget for the entire program or project using the following format, and itemizing the projected revenues and disbursements as accurately as possible.  For each revenue source, including those provided by your organization, indicate clearly the portion that has already been received or pledged.  (Note:  total revenues and total disbursements must balance.)
 
Revenues:                                                         Disbursements:
1.                                             $                      1.                                             $
2.                                                                     2.
3.                                                                     3.
4.                                                                     4.
5.                                                                     5.
6.                                                                     6.
7.                                                                     7.
                                                __________                                                    ___________
                                    Total    $                      =                                  Total    $
 
 
 
Description of Program or Project
 
Using the space below or attachments, please provide any additional information that you feel will assist ACAF in evaluating this program proposal.  As a guide to completion of this section, you may wish to consider the following questions:
 
1.                  What do you see as the principal benefit to your community or clients?
2.                  Who will be the primary beneficiaries, and indirect beneficiaries if any?
3.                  What special managerial qualifications and/or resources can your organization provide to ensure successful completion?
4.                  Will completion complement or duplicate what is now being done?
5.                  If the program or project will require ongoing funding to operate beyond the completion date, how much will be needed and where will these funds come from?
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
____________________________                            ______________________________
Date of Application                                                       Authorized Signature and Title
 
Documents
 
Please include with the application:
            Copy of I.R.S. tax exemption letter
            List of Officers, Directors, and Trustees
            Copy of most recent financial statement and/or I.R.S. Form 990
ALLEGANY COUNTY AREA FOUNDATION
 
POLICY ON GRANTS
 
  1. The Board of Directors shall approve each grant made by the Foundation, and the Board’s decision shall be final in all cases.
 
  1. The primary focus in the Foundation’s grant-making activities is the Allegany County area, and grant proposals will be expected to demonstrate significant benefits to the residents of Allegany County.
 
  1. For all funds which are unrestricted as to the use of income or principal for charitable purposes, the principal will be retained as a permanent endowment, and grants will be made from current income.  Any variance from this section will require the specific approval of the Board of Directors.
 
  1. In determining the merits and priority of an application, particular consideration will be given to the following criteria:
         a. seriousness of the problem and adequacy of the proposed action to meet the problem
         b. breadth of the potential benefit in terms of the number of people affected
         c. capability of the applicant organization and its personnel to achieve the expected benefits
         d. availability of support from alternative public or private sources
         e.possibility of future support to supplement or replace the proposed grant.
  1. Preference will be given to supporting special projects on a non-recurring basis rather than to underwriting annual campaigns to fund current operations.  In general, the Foundation will not support building campaigns.
 
  1. With the exception of specially designated scholarship funds, the Foundation does not award financial assistance to individuals.
 
  1. The Foundation will support and encourage the development of a new organization only when, in the judgment of the Board, no effective institution exists in the community to carry out a needed program or purpose.
 
  1. Grants will not be made  to religious organizations for primarily religious purposes.
 
  1. No grant will be made to an organization that does not provide for adequate accounting and reporting procedures.  Recipients of grants from restricted and unrestricted funds will be required to submit an evaluative report upon completion of a supported program; and in the case of multi-year awards, to provide an annual progress report.
 
  1. All grants will be made in accordance with current regulations issued pursuant to the Internal Revenue Code, as amended.  Any private organization that does not have a current tax exemption letter will contract to fulfill specific operational obligations appropriate to the charitable purposes of the Foundation.