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Public |
Private |
| Definition of Funding Sources |
Government funding
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- 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
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| Examples of Different Kinds of Funders |
- Federal: HRSA
- State: Florida State Department of Education
- Local: Palm Beach County Board of Commissioners
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- 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
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Funding Priorities & Interests
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- Often predictable, stable over time
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- More likely to take a risk on a new or innovative idea
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| Application Process |
- Complex – usually takes longer to complete an application
- Lots of forms
- Structured with established timelines that are NOT flexible
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- Initial contact may be through a phone call or 3-4 page letter of inquiry
- May or may not have established forms or timelines
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| 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
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- 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
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Amount & Duration of Awards
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- Usually larger & over a longer period of time
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- Usually funding for a single year, with possible renewal if project is successful
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| Reporting & Evaluation |
- More stringent, structured; more paperwork
- Want information in a specified format
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- Outcomes not as rigid; methods of sustainability being emphasized in recent years
- More flexibility in how results are reported
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