Tuesday, November 10, 2009

Nuts and Bolts

Grant Update
In recent months we have noticed some of the same grant questions and issues coming up that we’d like to address. We have included an explanation of how to handle confusing budget questions, a GrantAID update and a reminder of time constraints when preparing a grant.
Please feel free to call or email anytime. We’re here to help.

The Corporate Umbrella
Operating under the corporation’s 501 (c) 3 can pose a challenge for individual Centers applying for grants. A yearly audit is done for the entire corporation (32nd Degree Masonic Learning Centers for Children, Inc.) but not for individual Centers. Many grant applications ask for budget information, revenue, etc. from the audited financial statements, but including these numbers can be confusing and seem inflated because they pertain to the entire corporation.
Our solution for this has been to contact the foundation directly and ask if they want the corporate numbers or data from the individual Center. If you need more explanation, please contact us.

LOI Changes
We have made another change to the GrantAID Kit. The last three paragraphs of the Letter of Intent have been updated to reflect funding changes. You can download the updated Letter of Intent (LOI 2009) from the Learning Center website here (scroll down the page to view the GrantAid documents).

Please be aware of the time frame if you need assistance with preparing a grant.We are always willing to help, but please respect the fact that we are supporting 55 Learning Centers. As a result, we may not be able to accommodate last minute calls for help. Starting to work with us 90 days before a proposal is due assures our ability to best help you. If you are caught in a last minute rush, consider whether waiting for the next funding cycle is possible. You may stand a better chance for success by waiting until the next grant cycle than by throwing together a rushed proposal.


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