Grant Request Guidlines:

  1. Only non-profit, tax exempt organizations (501 (c) 3) will be considered.
  2. Applicants should demonstrate a track record of operation with continuity of programs serving the needy. However, newer organizations will be considered if there is evidence that they will likely serve an important long term role in the community. Factors include the strengths of their board and management, the importance of the mission they are organized to achieve, and the likelihood of ongoing financial support and success.
  3. We fund only capital needs. Capital needs are defined as tangible assets, typically with a useful life of three years or more (e.g., bricks and mortar, additions or improvements to plant and equipment, education materials, and transportation vehicles). Grants will not be made for cell phones or loan amortization purposes.
  4. JIF grants should benefit the Indian River County community. Requests from neighboring counties will be considered if a significant number of IRC residents are also served. Conversely, a capital grant to a local agency that will also provide benefits to sister agencies in other communities will be eligible if there is meaningful benefit to our local agency; i.e., new computer systems that will be used by both agencies.
  5. It is expected that grants will contribute meaningfully to the agency’s success; therefore, it is not our intent to fund large and/or self-sustaining organizations. For example:A) Those with well-established financial support from regional or national organizations. However, it should be recognized that some agencies (such as The Salvation Army) are part of a national organization, but must fund most or all of its needs locally.B) Agencies that receive a substantial majority of financial support from governmental sources on an ongoing basis.C) Those with multi-million dollar budgets where a grant from JIF would not represent a meaningful portion of an agency’s capital budget.
  6. Grants will not be considered for endowments, community foundations, sectarian purposes, individuals or animal welfare.
  7. Only organizations that do not discriminate on the basis of race, religion or ethnicity will be considered. Agencies with religious affiliation will be considered only if they serve community members without regard to their religious beliefs.
  8. Except for start-up agencies described in paragraph 1, the agency must be financially viable, demonstrating sound financial and budgetary controls, evidenced by a history of meeting budget projections.
  9. Funding commitments are made on a year-to-year basis, with the amount of any grant based on need and funds available. Except as approved by the Board, the maximum grant is $50,000. Absent special circumstances approved by the Board, proposals will not be accepted from any agency that has received grants from the Foundation for the three consecutive prior years.
  10. Grant requests should demonstrate the agency has made its best efforts to complete the project in a cost effective way, including competing bids where appropriate. When a grant is approved, funds will be released when the project has been financed and construction started or, if construction is not involved, when the purchase is ready to be consummated. Normally, these conditions must be met within 12 months of the grant date. All projects should be audited by the Finance and Grant Audit Committee to ensure the funds were properly used for the approved project.
  11. In special circumstances, the Foundation will make grants in the form of a pledge, where the agency needs a challenge gift to initiate project funding. The pledge may be valid for up to a one (1) year period.