INFORMATION FOR GRANT APPLICANTS
To be eligible for a Monticello College Foundation grant, a project must have the potential to make a genuine, effective contribution to the advancement of education for women. Where applicable, the grant recipient should be able to assure continuance
of a successful project after the termination of the grant.
Professional educational associations, agencies servicing women's education and all accredited degree-granting two and four-year colleges and universities are eligible to apply for grants providing the entity:
- is qualified as tax-exempt under Section 501 (c) (3)
of the Internal Revenue Code of 1954 or corresponding provisions of any subsequent Federal tax law;
- does not fall within the definition of a private foundation;
- was organized and operates within the 50 states or the District of Columbia. Grants are made to the applying institution or organization; individuals are not eligible to apply.
An institution or organization that is tax exempt and is not a private foundation may apply by submitting an outline of the project it proposes. Preferably, the outline should not be longer than two typewritten pages and should contain the following:
- Name of institution or association; name, title, address and telephone number of chief executive officer and of person to be in charge of project;
- Title of project for which funding is sought;
- Brief description of the project; an analysis of the need for funds and the proposed objective, personnel and financial resources available and/or need required;
- Signature of chief executive officer.
In addition, new applicants must supply (1) one copy of the following:
Fifteen (15) copies
- Description of the institution or organization, including a brief history and current factual data on finances, enrollment, endowment, etc. not to exceed two pages.
- Documentation of tax status
of all materials are required. Proposals may be stapled but please DO NOT place in folders or other binders.
Proposals are received on a continuing basis. However, to allow for preliminary screening and Grants Committee review, proposals should be received by August 31 for consideration at the fall Board meeting and by February 28 for consideration at the spring Board meeting.
The Monticello College Foundation operates on a fiscal year from July 1 to June 30. All grants requests will be considered for the upcoming fiscal year.
Example: Requests received by August 31, 2016 or February 28, 2017 will be considered for the summer of 2017 or the 2017-18 academic year.
Applicants whose proposals cannot be considered for grants will be notified as soon as possible. Applicants whose projects are selected for further consideration may be asked to submit more details. All applicants will be notified of Board decisions within 30 days of the board meeting.
Unfortunately, limited funds make it impossible to support every request, and many proposals which have merit and which fall within the above guidelines must be declined.