PROGRAM POLICIES

CRITERIA

The mission of The Monticello College Foundation, based on our 1843 charter, is “the promotion of female education.”  In this regard the Board of Trustees is interested in funding projects or programs that provide educational opportunities and experiences for women.

STATEMENT OF POLICY

Although the Foundation intends to remain flexible; the following are guiding principles.

Requests NOT considered for funding include:

(1) Direct grants to individuals.

(2) Grants for capital purposes, current operating expenses, endowed chairs and exchange students.

(3) Support for Social Service Agencies.

(4) Online scholastic programs.

Preference is given to:

(1) Private rather than public institutions.

(2) Agencies located in the Midwestern Region as listed: Illinois, Iowa, Indiana, Kansas, Kentucky, Michigan, Missouri, Nebraska, Wisconsin

(3) Those proposals with the most innovation, creativity and greatest need.

ELIGIBILITY

Professional educational associations, agencies servicing women’s education and accredited degree-granting two and four-year colleges and universities are eligible to apply for grants providing the entity:

  • Qualifies 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.
  • Is organized and operates within the Midwest Region as listed in preferences.
  • Grants are made to the applying institution or organization utilizing the online application form.

All Grant funding is for a single fiscal year.  Ongoing requests must re-apply each year.

FIRST TIME GRANT APPLICANTS

Include additional documents:                

  1. Description of the institution or organization, including a brief history and current factual data on enrollment, endowment, etc. Not to exceed two pages, no smaller than 11 pt. font.
  2. Documentation of tax status.
  3. Financial Information
    1. Most recent fiscal year-end Income Statement and Balance Sheet
    2. Current budget

APPLICANTS THAT PREVIOUSLY RECEIVED A GRANT

  1. Include a brief report about the impact of the most recent grant. (Examples)

Scholarships – Name of recipients, Hometown, Course of study, GPA.

Internships – Name of recipients, Accomplishments.

Programs – Number of participants, Description of project results.

  1. Financial Information
    1. Most recent fiscal year-end Income Statement and Balance Sheet
    2. Current budget

SUBMISSION

Twelve (12) copies of grant application and supporting documents are required. Proposals may be stapled but please DO NOT place in folders or other binders.

  • Mail to: Monticello College Foundation, The Evergreens, 5800 Godfrey Road, Godfrey, IL 62035
  • A PDF file of all documents must be sent by email to: [email protected]

Deadlines

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.  Regardless of time of application, all approved grants are paid by the end of our fiscal year, June 30.

The Monticello College Foundation operates on a fiscal year from July 1 to June 30. All grant requests received during the current fiscal year will be considered for the next, upcoming fiscal 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.