POLICIES

1. Grants will be made on a semi-annual basis, generally in a lump sum. However, the directors reserve to themselves the option of paying large grants over a multi-year period.

2. Grants shall be limited to tax-exempt [501(c)(3)], not-for-profit, equal opportunity organizations recognized as such by the Internal Revenue Service or the municipality of Westbrook.

3. The grantee must demonstrate financial responsibility.

4. No single grantee shall receive all of the available funding in any one calendar year.

5. Partial grants may be awarded at the discretion of the Directors.

6. Special consideration may be given to grantees whose programs offer the possibility of matching grants.

7. Prioritize your requests should more than one item be requested.

8. Grants are not made to individuals, for endowments, for deficit financing, or for reimbursement for items purchased prior to grant request.

9. Applications made for a project or program in cooperation with another agency(ies) must include letters of commitment to the project or program from the supporting agency(ies).

10. Grant requests for vehicles require the establishment of a depreciation account by the organization requesting the vehicle, which eliminates the need for second requests.

11. We adhere to our deadlines April 1 and October 1 Complete original applications including all required supporting data for grants must be submitted by April 1 or October 1 of each year. If these dates fall on a Saturday or Sunday, the deadline is not extended. Applications postmarked on the day of the deadline are accepted.

12. Announcements of the grants are made June 1 and December 1 each calendar year. A letter will be sent to all applicants whether the application was approved or denied.

A report of the expenditure of your grant is required within ten (10) business days after the grant period. If for any reason you are unable to use the full amount of the grant during the period of time in which the grant was approved, or for the purpose intended, etc.; you must immediately report your circumstances to the Foundation President. Any unused funds from a grant are to be returned to the Foundation with the final report. Acknowledgements are not considered a report.


BACK


Mission Statement | History | Personnel | Recent Grants
Grant Guidelines | Scholarships | Donations | Contact Info
| Recent News | Home |

Copyright© 2005 Westbrook Foundation, Inc.
  All rights reserved.