Children's Services Council of Palm Beach County

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Types of Funding Sources (Public vs. Private)

 

Public

Private

Definition of Funding Sources

Government funding

  • Federal
  • State
  • Local
  • Nongovernmental, nonprofit organization
  • Has a principal fund or endowment
  • Managed by a Board of Trustees & directors
  • Maintains or aids charitable, educational, religious, or other activities serving the public good
  • Makes grants, primarily to nonprofit organizations
Examples of Different Kinds of Funders
  • Federal: HRSA
  • State: Florida State Department of Education
  • Local: Palm Beach County Board of Commissioners
  • Independent Foundation-– established by a person/family of wealth (largest group)
  • Corporate/Company-sponsored Foundation – created & funded by corporations
  • Operating Foundation- – established to operate programs
  • Community Foundation- – supported by & operated for the benefit of a specific community or region
Funding Priorities & Interests
  • Often predictable, stable over time
  • More likely to take a risk on a new or innovative idea
Application Process
  • Complex – usually takes longer to complete an application
  • Lots of forms
  • Structured with established timelines that are NOT flexible
  • Initial contact may be through a phone call or 3-4 page letter of inquiry
  • May or may not have established forms or timelines
Access to Information
  • Larger staff available; usually at least one person is listed as a contact & is primarily responsible for answering questions from applicants
  • All information is a matter of public record. This means that an applicant can call and find out why a proposal was not funded
  • Also all meetings are open to the public – future funding directions may be discussed
  • Often a smaller foundation may have only 1-2 staff, so it can be harder to get questions answered.
  • Also, the foundation may be new to issuing RFPs and not have all the kinks worked out of their system; staff may not have the answers to specific questions.
  • Information is private, it is still important to attempt to find out why a proposal was not successful, but foundations are not required to give you an answer.
  • Foundation tax records (Form 990) are a matter of Public Record. The 990 provides information on a foundation’s assets and which organizations they have funded in a given year, as well as their stated funding priorities
Amount & Duration of Awards
  • Usually larger & over a longer period of time
  • Usually funding for a single year, with possible renewal if project is successful
Reporting & Evaluation
  • More stringent, structured; more paperwork
  • Want information in a specified format
  • Outcomes not as rigid; methods of sustainability being emphasized in recent years
  • More flexibility in how results are reported

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Date Last Modified: Sep 6, 2007 5:31:29 PM

Children's Services Council of Palm Beach County

2300 High Ridge Road, Boynton Beach, FL 33426
Phone: 561-740-7000 or 1-800-331-1462    Fax: 561-835-1956

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